What is the average current auto loan rate?

Updated: 4/28/2022
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10y ago

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Auto loan rates vary depending on how long one takes to pay off the car and whether it is new or used. For a 60-month new car, the interest rate is 4.1%. For a 48-month new car, the interest rate is 4.02%. For a 36-month used car, the interest rate is 4.69%.

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Q: What is the average current auto loan rate?
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