March 2024 Auto Interest Rates. Average auto loan rates in july 2024. 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.
The average interest rate on a loan for a new car was 7.18 percent at the end of 2023, up from 6.08 percent in 2022, experian said. We reviewed 21 auto loan lenders and collected the best new, used, and refinance auto loan rates, evaluating aprs, loan types, loan terms, vehicle and borrower requirements, and other.
March 2024 Auto Interest Rates Images References :