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The car loan rates people receive are dependent upon a few factors. The interest rate you are offered will depend upon the car you buy, the terms of the loan, and your method of payment, among other factors. One important factor is your credit score and credit history. If you have a low credit score, then you may not qualify for the lowest interest rate. You will not know your actual interest rate, however, until you apply for the loan and receive a firm offer of credit.