Auto loan rates can vary depending on several factors, such as credit score, state, and vehicle type. Here are some current car loan rates based on the search results:
- The average car loan interest rate currently is 9.00% .
- According to Experian’s most recent State of the Automotive Finance Market report, the average auto loan interest rates across all credit scores are 6.63% for new cars and 11.38% for used cars.
- Bankrates best auto loans are selected based on a lenders available rates and terms, customer experience, and transparency. The APRs range from 6.47-28.55%, and the terms range from 24-72 months.
- Navy Federal Credit Union offers new vehicle loans with APRs as low as 4.54% for up to 36 months and used vehicle loans with APRs as low as 5.44% for up to 36 months.
- LendingTree allows you to shop for the best auto loans, compare rates and the best lenders. The APRs and interest rates vary depending on the lender and your credit score.
Its important to note that these rates are subject to change and may vary depending on individual circumstances. When shopping for an auto loan, its recommended to compare APRs across multiple lenders to make sure you are getting a competitive rate. Look for lenders that keep fees to a minimum and offer repayment terms that fit your needs.