SALES: (910) 548-7161
SERVICE: (910) 849-2225
Open Today Sales: 9 AM-8 PM
Buying a new car in Jacksonville isn’t just about finding the right vehicle: it’s also about locking down a good interest rate for your car loan. There are many factors that play into what makes a good car loan, including your credit score, down payment, and more, so let’s break down what is the average interest rate on a car loan and what you can do to put yourself in the strongest possible position.
Use this chart to get a general understanding of average new and used car annual percentage rate (APR) around Richlands.
| Average Credit Score for New Car | Annual Percentage Rate | Average Credit Score for Used Car | Annual Percentage Rate |
| 781-850 | 3.17% | 781-850 | 3.8% |
| 661-780 | 4.03% | 661-780 | 5.48% |
| 601-660 | 6.79% | 601-660 | 10.1% |
| 501-600 | 10.98% | 501-600 | 16.27% |
| 300-500 | 13.76% | 300-500 | 19.32% |
Planning ahead is the best way to secure a good interest rate for a car loan near Sneads Ferry. Before you start your car shopping journey, make sure you have a handle on your credit history. The higher your credit score, the lower your interest rate will be, so if your score is not where you want it to be, you may want to hold off until you can make some improvements.
Another way to get a good car loan rate is to negotiate with your sales team. If an offer comes back higher than you expected, take your time to calculate what you can realistically afford and don’t be afraid to counter. Your monthly payment is only one piece of the puzzle, so be sure to pay close attention to all the loan details.
The average interest rate on a car loan hovers around 3-4.5%, but as seen with the chart above, that number can vary wildly depending on your credit history. Do your research and shop around to get the best possible rate for your situation; kick start the process when you apply for financing at Marine Chevrolet! Our finance team can walk you through how to buy a new car and guide you towards the best loan option.
Ready to discover what kind of interest rate you can get for your new or used vehicle? Get pre-approved at Marine Chevrolet and arm yourself with knowledge by using our top car buying tips. Contact us with any questions!
The Chevy Equinox may be small, but it’s reliable and makes quite the statement with its bold grille and sleek taillamps. If you’re ready to drive around Camp Lejeune in a stylish, compact SUV, you’ll love this model. Find out more about its exterior in the following guide from Marine Chevrolet. We’ll go over the 2026…
If you’re looking for a comfortable and capable family SUV that’s just as at home on the Camp Lejeune commute as it is at the weekend campsite, the 2026 Chevrolet Equinox is the model for you. The team at Marine Chevrolet is here to help you find your next Chevrolet, so keep reading as we explore…
Are you wondering how much a Silverado 1500 can tow? The 2026 Chevy Silverado 1500 towing capacity is impressive, allowing you to haul more recreational equipment, trailers, and other items in Camp Lejeune and the surrounding areas. Learn about the Silverado tow rating with Marine Chevrolet today, and then contact us to set up a test…
