Auto Loan Interest Rates 2024 Usa. In the first quarter of 2024, the average new. 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.

We reviewed 21 auto loan lenders and collected the best new, used, and refinance auto loan rates, evaluating aprs, loan types, loan terms, vehicle and borrower. The fed is on track to lower the benchmark.