Current Used Car Interest Rates 2025. 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. This page is for new car rates, but you can see our latest update that includes used car rates here.
This page is for new car rates, but you can see our latest update that includes used car rates here. As displayed below, interest rates for both new and used vehicles have steadily increased since the pandemic began in 2020.
In July, Used Car Prices Are Falling As Compelling New Car Incentives And High Interest Rates Slow Used Car Sales.
A good interest rate for an auto loan is subjective — it depends on your credit score, the car you’re buying, the amount of.
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%.
For individual consumers, however, rates vary based on credit score, term length of the loan, age of the car being.
Current Used Car Interest Rates 2025 Images References :
Edmunds Forecasts Average Used Car Loan Rates Between 8% And 13% In 2025 Given Rising Fed Rates.
The national average for us auto loan interest rates is 5.27% on 60 month loans.
See Rates For New And Used Car Loans And Find Auto Loan Refinance Rates From Lenders.
For individual consumers, however, rates vary based on credit score, term length of the loan, age of the car being.