Rates: 7.03 percent (60-month, new car); 7.74 percent (36-month, used car)

There was infinitesimal movement in auto loan rates for this week. The 48-month new-car loan rate scooted up 1 basis point to 7 percent. The 36-month new-car loan rate also ticked up 1 basis point to put it at 6.94 percent while the 60-month new-car loan rate held tight to 7.03 percent.

Used car loan rates also held fast to last week’s positions. The 36-month used-car loan rate is 7.74 percent and the 48-month used-car loan rate is 7.75 percent.

On Tuesday, the Consumer Federation of America advised drivers curtailing their motoring habits as a result of expensive gas to check with their insurance companies — it could be a chance to save some money. If you’re driving much less than before by consolidating trips or only going to the train or bus station, you could save as much as 10 percent on car insurance.