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Automotive Loans Annual Percentage Rates
Automotive Loans Annual Percentage Rates | Interest Rates are effective as of May 13, 2008. |
Automotive Loans Annual Percentage Rates (APR) | Type | Term | APR | Auto Deduct* APR | SimplyNOW/Evans Plus** APR | | New: | 12-48 months | 7.25% | 7.00% | 6.75% | | | 60 months | 7.50% | 7.25% | 7.00% | | Used: | | | | | | 2005-2007 | 12 - 54 months | 7.75% | 7.50% | 7.25% | | 2003-2004 | 12 - 42 months | 8.25% | 8.00% | 7.75% | | 2001-2002 | 12 - 36 months | 9.25% | 9.00% | 8.75% |
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10% down payment (excluding sales tax) is required. Rates and terms are subject to change without notice. Interest rates assume credit history in good standing. For a $20,000 new car loan for 60 months at 7.00%, your monthly payment would be $396.08 with auto deduct from a Evans National Bank SimplyNOWor Evans Plus Account.
*APR with monthly payment automatically deducted from an Evans National Bank SimplyNOW or Evans Plus account.
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