Used Car Interest Rates 2024

Used Car Interest Rates 2024. The current average auto loan interest rates across all credit profiles range from 5.25% to 15.77% for new cars and 7.13% to 21.55% for used cars. In october 2024, automotive site edmunds.com listed the average car loan interest rate for september 2024 as 7.1% apr for new car loans and 11.2% apr for used car loans.

Our top pick for the most affordable used car loan is pnc bank. Please find below the latest car loan rates offered by banks and credit unions across the country that may meet your needs.