Your Car Loan Interest Rate FAQs Answered

Man happy holding car keys

If you’re wondering if now is a good time to buy a car or what current auto interest rates are, let the finance experts at Laird Noller Mazda Topeka help answer your questions and alleviate your concerns. Our Mazda dealership in Topeka loves providing nearby drivers with the options they deserve while working with reputable local lenders and providing competitive new Mazda and used car financing rates.

Find competitive auto loan interest rates on new Mazda cars and SUVs or secure used car financing at our local car dealer today. But first, view our interest rate frequently asked questions below for pertinent info!

Car Loan Interest Rate FAQs


Does credit score impact car financing?

New Mazda and used car financing rates are influenced by the buyer’s credit score, as this is essentially the evaluation of risk for the lender. The higher your credit score, the more often this translates into lower auto loan interest rates.


Are there any specials or incentives for auto financing?

Of course! At Laird Noller Mazda Topeka, we offer monthly Mazda specials to help you save big on new Mazda CX-5 SUVs, Mazda3 sedans and more.


Which factors determine your auto loan interest rate?

The buyer’s credit score and debt-to-income ratio are the two main factors considered by lenders when determining the interest rate of the auto loan. Lenders also review the age of the vehicle you’re buying, the down payment you are able to make, the amount you are borrowing and your auto loan’s length.


What is an average car loan interest rate?

Interest rates vary for new Mazda models and used cars, as well as from buyer to buyer. We encourage you to contact Laird Noller Mazda Topeka to learn more about the auto loan rates you qualify for.