Current Used Car Interest Rates 2024 Olympics. According to experian’s state of the automotive finance market report, the average auto loan interest rate for new cars in 2024’s first quarter was 6.73 percent, and 11.91 percent for used. See how down payment, apr and term length affect payment amount.
Used car loans are even more expensive, with the average apr at 14%. Shorter financing terms of 24 to 36 months generally.
Current Used Car Interest Rates 2024 Olympics Images References :