Average Apr For Car Loan 2025

Average Apr For Car Loan 2025 – 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 2025. By jim henry and rusha shrestha | edited by jill leonard and nate parsons |. We've rounded up the current average interest rates for new car loans, used car loans and refinance car loans. In march 2025, automotive site edmunds.com listed the average car loan interest rate for february 2025 as 7.2% apr for new car loans and 11.3% apr for used car loans.

Average maturity of new car loans at finance companies in the u.s. We've rounded up the current average interest rates for new car loans. The average apr for used car loans was 11.93%. Current car loan interest rates;

Average Apr For Car Loan 2025

The average used car loan rate is up since the same quarter in 2023 across all credit scores, with subprime and near prime borrowers seeing the biggest rate. Best auto loan rates in march 2025. Remember, only the most qualified buyers get the lowest aprs.

You can use these as a benchmark to measure your auto loan rate against. Car loan interest rates in the u.s. The average rate for used car loans is 11.74%.

What are car loans and how do they work? Auto loan rates vary depending on factors like credit score, loan term, and vehicle type. 2025, by type and maturity;

Average auto loan rates in march 2025. Used car loan interest rates have increased over the past couple of years. Average used car loan interest rates in march 2025.