Interest Rates For Cars 2024. According to experian’s state of the automotive finance market report, the average auto loan interest rate for new cars in 2024’s first quarter was 6.73 percent, and 11.91. From mortgage rates and credit cards to auto loans and.

The average auto loan interest rates across all credit profiles range from 5.64% to 14.78% for new cars and 7.66% to 21.55% for used cars. Rates are changing, but deals can still be had when financing a new car.