Average Auto Loan Rate 2024

Average Auto Loan Rate 2024. Graph and download economic data for finance rate on consumer installment loans at commercial banks, new autos 48 month loan from feb 1972 to aug 2024 about 4. According to experian’s most recent state of the automotive finance market report, today’s average car loan rates stand at 7.18% for new cars and a staggering 11.93%.


Average Auto Loan Rate 2024

The car loan interest rate starts at 9.3% and the loan processing fee can range between rs 3500 and rs 12000 with a car loan stamp duty charge of rs 700. Average auto loan amounts reached $40,927 for new vehicles and $26,248 for used vehicles in the second quarter of 2024, according to experian.

Average Auto Loan Rate 2024 Images References :