What Is The Average Car Loan Interest Rate 2024. The average car loan interest rate currently is 9.56%. According to edmunds.com, the average car loan interest rate in november 2023 was 7.4% apr for new car loans and 11.76% apr for used car loans what.
Average interest rate for new car loans average interest rate for used car loans; How car loan interest rates in canada have changed recently.
What Is The Average Interest Rate On A Car Loan?
Average car loan interest rate.
2023, The Average Interest Rate For Used Cars In 2023 Was 11.35%, According To Experian.
In april 2024, automotive site edmunds.com listed the average car loan interest rate for march 2024 as 7.2% apr for new car loans and 11.9% apr for used car loans.
As An Example, Here Are The Interest Rates For New And Used Cars As Of May 1, 2024, According To Data Gathered By Bankrate.
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Here's The Average Used Car Loan Interest Rate For Each Credit.
Average interest rate for new car loans average interest rate for used car loans;
What Is The Average Interest Rate On A Car Loan?
Your auto loan interest rate will have a big impact on your monthly car payment.
Average Car Payments To Financing By Credit Score.
