Average Auto Loan Rate 2024 Elections. The latest consumer price index (cpi) report for march has thrown cold water on any hopes of a decrease in car loan interest rates for the remainder of 2024. The average apr for a new car loan was 7.18%, according to experian's state of the automotive finance market report for the first quarter of 2024.
Auto loan statistics for q3 2024: The fico credit score range is from 300 to 850, and auto loan rates are slightly higher if you purchase a new car versus a used car.
Average Auto Loan Rate 2024 Elections Images References :