Average Vehicle Interest Rate 2025. We've rounded up the current average interest rates for new car loans, used car loans and refinance car loans. The average new car loan rate now sits at 9.58% — “the highest we’ve seen for more than 20 years.” the average used car loan rate sits higher at 13.98%.


Average Vehicle Interest Rate 2025

Save money on green vehicles. The fed raised rates through much of 2023, keeping auto loan rates high.

Your Loan’s Interest Rate Is A Major Factor In Your Overall Loan Cost.

That also serves to prop up the average loan.

With The Honda Payment Estimator Tool, It’s Easier Than Ever To Understand Your Financing And Leasing Options.

Average interest rate for a car loan in q4 2023, the average interest rate for a new car was 7.18% and 11.93% for a used car, according to experian.

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For Individual Consumers, However, Rates Vary Based On Credit Score, Term Length Of The.

Use nerdwallet’s auto loan calculator to see an estimate of your monthly car payment and total loan cost based on vehicle price, interest rate, down payment, sales tax, fees and.

We’ll Show You The Average Rates Available And Some Strategies To Help You Find Low Rates.

Getting a great deal on your used car loan interest rate is an excellent way to save money.