Average car loan interest rates range from 5.18% to 21.58%, based on factors such as your credit score, type of car and whether you’re buying a new or used car. In June 2025, the average car loan ...
One local car dealership owner says interest rates have nearly doubled since the pandemic. He says that over the last few weeks, the Federal Reserve has made some cuts to lower those rates, but they ...
The volatile used-car market is calming, finally, after a tumultuous few years saw prices soar. However, interest rates are still high, with the average used car loan rate at nearly 12 percent at the ...
The Federal Reserve's recent 0.25% interest rate cut may make it cheaper for consumers to take out large loans. A lower interest rate can reduce the total amount paid on a car loan over its term, ...
WASHINGTON, D.C. — The Consumer Federation of America analyzed the most recent Federal Reserve Board Survey of Consumer Finances and reported that Latinos pay much higher used-car loan rates than do ...
Americans with lower credit scores are falling behind on their car payments at the highest level in decades. A record 6.65 percent of subprime auto loans were at least 60 days past due in October, the ...
Learn how credit scores influence car loan interest rates in 2025 and discover tips to secure the best financing for your next vehicle purchase Written By Written by Staff Senior Editor, Buy Side ...
Your credit score is one of the most important factors lenders look at when deciding how much interest to charge on your auto loan. Avoid unpleasant surprises by finding out your score before you ...