Auto Loan Rates April 2024 Nfl. The average auto loan interest rate for new cars in the third quarter of 2024 was 6.61% percent, while the average used car loan interest rate was 11.74 percent. From 11.75% to 15.25% (cic based rates are applicable).

To ensure you get the best loan possible, take time to shop rates with multiple lenders and compare. Vehicles are becoming much more expensive as well, as the average loan balance.