Car Loan Interest Rates Normal 2024. According to experian’s state of the automotive finance market report, the average auto loan interest rate for new cars in 2024’s first quarter was 6.73 percent, and. 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.
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,. The average car loan interest rate was 3.86% for new cars, according to experian’s state of the auto finance market report in the fourth quarter 2021.
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