Average Car Loan Interest Rate April 2024. 2023, the average interest rate for used cars in 2023 was 11.35%, according to experian. In july 2024, automotive site edmunds.com listed the average car loan interest rate for june 2024 as 7.3% apr for new car loans and 11.5% apr for used car loans.
According to experian’s state of the automotive finance market report, the average auto loan interest rate for new cars in 2024’s first quarter was 6.73 percent, and. Mortgage interest rates today, july 23, 2024:
Average Car Loan Interest Rate April 2024 Images References :