Average Auto Loan Interest Rate 2025 Nfl. Average Vehicle Interest Rate 2025 Katrina C. Langford Auto loan rates vary depending on factors like credit score, loan term, and vehicle type As of March 2025, the average APR is 6.78% for new car loans and 12.01% for used car loans
Car Financing Rates 2024 Usa Nerty Henryetta from luisaykameko.pages.dev
Average car loan interest rates by credit score Credit scores can significantly impact what you pay for an auto loan or any other type of financing. Borrowers with excellent credit (super prime, 781-850) enjoy much lower rates— 5.25% for new cars and 7.13% for used cars.
Car Financing Rates 2024 Usa Nerty Henryetta
Average auto loan interest rates sit at 7.42 percent for a 60-month new car loan. In March 2025, automotive site Edmunds.com listed the average car loan interest rate for February 2025 as 7.2% APR for new car loans and 11.3% APR for used car loans. Bankrate's expert predicts that by the end of 2025, five-year new car loan rates will reach an average of 7.0 percent and four-year used car loans, 7.75 percent.
Auto Loan Debt. What to know first: The current auto loan annual percentage rate (APR) ranges from about 4 percent to 30 percent A chart depicting the monthly car loan rate in the United States reveals a substantial increase over time since early 2022.
Lowest Car Interest Rates 2025 Benicio Jameson. In March 2025, automotive site Edmunds.com listed the average car loan interest rate for February 2025 as 7.2% APR for new car loans and 11.3% APR for used car loans. Investopedia determined that Bank of America is the best overall auto lender thanks to its reasonable terms and accessibility