Interest Rate On Used Cars 2024. We’ll show you the average. The average auto loan interest rates across all credit profiles range from 5.64% to 14.78% for new cars and 7.66% to 21.55% for used cars.
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The Current Average Auto Loan Interest Rate Is 6.63% For New Car Purchases And 11.38% For Used Vehicle Purchases According To The Experian State Of The.
The average auto loan interest rates across all credit profiles range from 5.64% to 14.78% for new cars and 7.66% to 21.55% for used cars.
We’ll Show You The Average.
The average new car interest rate is now 9.95%.
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.
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In 2023 And 2024, It’s The Reduced Supply Of Used Cars That Ensures Prices Will Remain Elevated.
The average new car interest rate is now 9.95%.
To Protect Yourself, Take Extra Care To Buy The Right Car.
Step back to 2021, and the average new car loan apr was around 5%.
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.