Second-Hand Car Loan Interest Rate Calculator
Here is an estimated table for second-hand car loan interest rates:
| Credit Score Range | Loan Term (Years) | Estimated Interest Rate (%) |
|---|---|---|
| 750 – 850 | 1 – 3 | 3.5 – 4.5 |
| 750 – 850 | 4 – 5 | 4.0 – 5.0 |
| 700 – 749 | 1 – 3 | 4.5 – 5.5 |
| 700 – 749 | 4 – 5 | 5.0 – 6.0 |
| 650 – 699 | 1 – 3 | 6.0 – 7.0 |
| 650 – 699 | 4 – 5 | 6.5 – 7.5 |
| 600 – 649 | 1 – 3 | 7.5 – 8.5 |
| 600 – 649 | 4 – 5 | 8.0 – 9.0 |
| 550 – 599 | 1 – 3 | 9.0 – 10.0 |
| 550 – 599 | 4 – 5 | 9.5 – 10.5 |
| Below 550 | 1 – 3 | 10.5 – 12.0 |
| Below 550 | 4 – 5 | 11.0 – 13.0 |