If you happen to reside in Miami, Florida and are in the market for a new or used auto loan then you have a couple sweet offers available for you to take advantage of. Thanks to BankVibe.com reader Stephan for tipping us off on the first one, although we already made note of this promotion when covering the lowest auto loan rates in Louisiana. For a few months now, Navy Federal Credit Union has had an auto loan promotion for new cars and trucks which demands only 1.99% APR for terms up to 36 months. This rate demolishes the current national average which sits at around 6.10% APR for equal terms.
NFCU has branches throughout the southeast as well as a few locations in the mid and southwest. NFCU is a somewhat exclusive credit union though and if you dont have family members whom have served in the Navy you may be excluded for membership. If you reside in Miami, Florida and are unable to join NFCU to take advantage of their auto loan offer, below are some other noteworthy auto loan rates available to you…
Lowest Auto Loan Rates in Miami, FL:
1) NFCU – 1.99% APR (depending on credit history) on new and used autos with terms up to 36 months.
2) Bank of America (National Association) – 3.06% APR (depending on credit history) on new and used autos with terms up to 36 months.
3) First Florida Credit Union (Miami, FL) – 3.24% APR (depending on credit history) on new and used autos with terms up to 36 months.
Like all bank rates, these are time sensitive in nature, please refer to the date of this article for accuracy. If you live in the Miami, FL area and know of a better auto loan rate offered through your local bank or credit union, please share by leaving a comment!