Average Car Interest Rates 2024. Andrew pentis, cnn underscored money. Average auto loan rates for excellent credit.
The average auto loan interest rate for new cars at the end of 2023 was 7.18 percent, while used cars had an average rate of 11.93 percent. New car loan interest rate.
The Average Price Of A New Car Was More Than $48,000 In Late.
Last updated jan 13, 2024.
5, 2024, At 9:42 A.m.
Average rates for a new car.
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Please note that the interest rates given here are based on the market research.
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In February 2024, Automotive Site Edmunds.com Listed The Average Car Loan Interest Rate For January 2024 As 7.1% Apr For New Car Loans And 11.6% Apr For Used.
The average price of a new car was more than $48,000 in late.
While We Update This Information Regularly, The Rate Of Interest And Loan Details May Have Changed Since The Page Was Last Updated.
Car loans can be availed at attractive interest rates starting from 8.70% p.a.
Auto Loan Rates Typically Range From 3% To 20%, Which Is Lower Than Other Loan Types, Such As Personal Loans, Which Can Reach Up To 36%.
The top 10 picks for 2024 also include several moderately priced cars with starting prices under $30,000, well below the average new.