Compare New and Used Car Loan Rates in San Jose, CA

Compare up to four California lenders in minutes with myAutoloan! We want to help you find the best car loan rate for you, whether you're buying a car from a local San Jose dealership or hoping to refinance an existing loan. Apply and see today's lowest rates!

Three things to know…

Today's Interest Rates

  • Check out today's lowest rates for all loan types.

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Your Estimated Rate

  • Check your rate in seconds. No credit check. Find out before you apply.

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Your Payment

  • Now that you know your interest rate, see how much you could afford.

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More Information

How Are Car Loan Rates in San Jose, CA Calculated?

Several factors influence your California auto loan rate, Including your credit score, your income, the amount of the loan, the age of the car, the down payment, and your loan's term (the length of the loan). A poor credit score, low income, or buying an older vehicle from a dealer in San Jose might lead to a higher interest rate. But what's so bad about a high interest rate? The higher your interest rate gets, the more you pay each month and the more you spend over your loan’s term. A difference of just one or two percent could mean spending hundreds more on interest.

How Do I Lower My Auto Loan Rate in San Jose, CA?

You can use tools like our Interest Rate Estimator to get an idea of what your rate might look like before you begin applying for auto loans in San Jose, CA. If you've put in your information and are unhappy with the percentage you see, how can you lower?

The loan term is one factor you can change on your own. Most car loans in San Jose have terms ranging from 24 months (2 years) to 84 months (7 years) in 12-month intervals. Longer terms attract many borrowers because they typically have a lower monthly payment. However, a longer term also tends to come with a higher interest rate. If you can afford a bigger monthly payment, it's wise to choose a shorter term. The Auto Payment Calculator shows what your monthly payment might be with different terms and interest rates to help you figure out what you might be able to afford.

If you have less than ideal credit, increasing your score could decrease your interest rate. Our Guide to Better Credit for Auto Financing walks you through what determines your credit score and which steps you can take today to bring it up quickly. Your credit score may take some more time and work, but it's worth it to get those lower California car loan rates.

Taking some time to find the right lender can also help you snag a lower rate. While lenders will consider the same information, you won't see the same interest rate from each one. You need to shop around and compare offers to find the best auto loan rate in San Jose, CA — even if you don't have the best credit or income. You shouldn't automatically choose the first offer you get because there might be a better one just around the corner. Keep in mind some lenders will negotiate, so you can take an offer from one lender to the other to see if they can beat the interest rate.

See the Best Auto Loan Rates in San Jose, CA with myAutoloan

myAutoloan is dedicated to helping you find the lowest car loan rates in San Jose, CA no matter what type of car you're buying or your credit score. You can look at up to four loans at once so you can find the right deal. Fill out our simple and secure online application, choose the best loan for you, and head to your San Jose dealer to purchase a new ride. Apply now to check today's lowest interest rates!

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