Current Used Car Loan Interest Rates 2024 Usaa. We've rounded up the current average interest rates for new car loans, used car loans and refinance car loans. The average auto loan interest rate in the second quarter of 2024 was 6.84% for new vehicles and 12.01% for used vehicles, according to experian.
A 36 month used auto loan (model years 2017 to 2022) with an annual percentage rate (apr) of 8.92% would have monthly payments of $31.76 per one thousand dollars borrowed. Used car (dealer) payment example:
Current Used Car Loan Interest Rates 2024 Usaa Images References :