15 years, that’s impressive! We’re sure it’s exciting to finally be getting a new car, especially after investing so many good years in your old one. Thankfully, 731 is a great credit score for a car loan—you should be able to secure an APR of about 3.5% on your new car.
Your score falls squarely into the range of “Prime” scores: 661 to 780. According to Experian, this means that you can expect an interest rate of roughly 3.64% on a new car and around 5.3% on a used car. So, you can look forward to great loan terms to go along with your sweet ride!
Getting a new car has lots of positives—excellent performance, a shiny exterior, and, of course, that wonderful new car smell! Unfortunately, a new car has one downside: your insurance payment.
If you don’t want to watch your money disappear to monthly premiums, Jerry
is here to help. Jerry is your secret weapon when it comes to finding cheap car insurance
, and our process is seamless and stress-free. Just download the app, sign up in 45 seconds, and let Jerry show you the best rates on the market. We’ll even help you cancel your old policy!
The average Jerry user saves $887 on car insurance.