Average Car Loan Interest Rates 2024. In the second quarter of 2024, the overall average auto loan interest rate was 6.84% for new cars and 12.01% for used cars. The average interest rate on loans for used cars is 14.12%.


Average Car Loan Interest Rates 2024

The emis you pay on the loan will vary significantly depending on the interest rate. The average interest rate on loans for used cars is 14.12%.

Average Car Loan Interest Rates 2024 Images References :