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We've rounded up the current average interest rates for new car loans, used car loans and refinance car loans.
Compare auto loan rates. See rates for new and used car loans and find auto loan refinance rates from lenders.
In the second quarter of 2024, the overall average auto loan interest rate was 6.84% for new cars and 12.01% for used cars. Experian also provides average car loan APRs by credit score, based...
Compare the best auto loan rates from top lenders to maximize your savings on your next new or used car loan.
A good car loan interest rate will depend on what you're willing to pay in interest. Auto loan rates are influenced by the benchmark rate set by the Federal Reserve.
Home. October Car Loan Rates (APR) in the U.S. for Used and New Cars. Share this chart. These are the average auto loan rates by state, as determined by Edmunds data. Click on a state to view the...
What's a Good Auto Loan Interest Rate Right Now? As of November 2022, car buyers with excellent credit can net an interest rate of 9.31% on a new car on average, according to MyAutoloan. Lower...