Current Car Loan Interest Rates. The overall average car loan interest rate is 6.84% for new cars and 12.01% for used cars. However, there are several factors that can influence what APRs you get.

Key takeaways. The average auto loan interest rate for new cars in the first quarter of 2025 was 6.73 percent, while the average used car loan interest rate was 11.87 percent.

Here's why some car buyers live by the 20% rule when purchasing a new vehicle and how you can use it to your advantage.

One of the easiest ways to gauge if you’re getting a good deal is to know the average auto loan interest rates for your credit score. Below, we’ve broken down the most recent average rates of ...

The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024.

Middle-income households that buy luxury cars would be able to claim the full financial benefit of a $10,000 tax deduction on ...

Great news for car shoppers with low credit scores and incomes. New research from Texas McCombs - the University of Texas at Austin McCombs School of Business - reveals that dealers aren't ...