Average Auto Loan Interest Rate 2024. The average car loan interest rate currently is 9.56%. In july 2024, automotive site edmunds.com listed the average car loan interest rate for june 2024 as 7.3% apr for new car loans and 11.5% apr for used car loans.
Auto loan interest rates vary greatly by credit score, ranging from 5.64% to 14.78% on new cars and 7.66% to 21.55% on used cars. The average car loan interest rate currently is 9.56%.
In July 2024, Automotive Site Edmunds.com Listed The Average Car Loan Interest Rate For June 2024 As 7.3% Apr For New Car Loans And 11.5% Apr For Used Car Loans.
Getting a great deal on your used car loan interest rate is an excellent way to save money.
Step Back To 2021, And The Average New Car Loan Apr Was Around 5%.
Auto loan annual percent rates (or aprs) are the most common rates you’ll see advertised on auto loan.
Average Auto Loan Interest Rate 2024 Images References :
How To Get A Better Auto Financing Rate.
The average car loan interest rate currently is 9.56%.
The Average Auto Loan Interest Rate In The First Quarter Of 2024 Was 6.73% For New Vehicles And 11.91% For Used Vehicles, According To Experian.
Auto loan annual percent rates (or aprs) are the most common rates you’ll see advertised on auto loan.
