Car Loan Interest Rates Normal 2024. Apply for a car loan at the lowest emi & flexible repayment tenure of up to seven years. In the first quarter of 2024, the overall average auto loan interest rate was 6.73% for new cars and 11.91% 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. This marks the second consecutive increase.
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We've Rounded Up The Current Average Interest Rates For New Car Loans, Used Car Loans And Refinance Car Loans.
In the first quarter of 2024, the overall average auto loan interest rate was 6.73% for new cars and 11.91% for used cars.
Car Loan Interest Rates Normal 2024 Images References :
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While We Update This Information Regularly, The.
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.