Average Apr For Used Car Loan 2024

Average Apr For Used Car Loan 2024. By jim henry and rusha shrestha edited by jill leonard and nate. During the third quarter of 2023, the interest rate for new vehicles stood at 7.03%, while used cars saw an average rate.

As you can see, your credit score can have a major. Average aprs are 6.78% for new cars and 12.01% for used cars.