Used Cars Interest Rates 2024
Used Cars Interest Rates 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. Today, in 2024, the average used car price is $25,328.
Compare the best used car loans to find competitive interest rates, low fees, and fewer car restrictions. As of october 2023, the average new car loan apr is north of 9%.