The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...

You’re more likely to find rates below 5.00% when you have a higher credit score ...

Discover how car loan refinancing can lower payments, improve loan terms, and boost your financial savings. Learn what steps ...

New car financing is available for under 4.00% APR for borrowers with high credit scores Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor ...

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 ...

Over 20% of new car purchases in Q4 2025 were 84-month financing deals. Consumers are looking to lengthier auto loans to lower monthly car payments, but the combined interest costs drastically ...

Last year, data show Americans drove away from dealerships with more than 16.3 million new vehicles, with roughly 80% of buyers reportedly relying on financing to purchase. So far in 2026, average car ...

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 federal income tax returns.