Auto Loan Rates In 2024

Auto Loan Rates In 2024. 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. Autopay currently has the best new car loan rates at 2.99% while consumers credit union has the lowest used car loan apr at 5.79%.

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. 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.