Average Auto Loan Interest Rate 2024 Nfl. That average rises to 15.77% for borrowers with poor credit scores. According to the experian credit bureau, the average monthly auto loan rate for borrowers with “super prime” credit was 5.25% in the second quarter, the latest available, vs.
The average interest rate for a used car is 12.01%. In december 2024, automotive site edmunds.com listed the average car loan interest rate for november 2024 as 6.8% apr for new car loans and 11% apr for used car loans.
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