Average Car Loan Rate 2024 Nfl. average car loan interest rates based on credit score. The average interest rate for a used car is 12.01%.
According to the experian credit bureau, the average monthly auto loan rate for borrowers with “super prime” credit was 5.25% in the second quarter, the latest available, vs. Auto loan debt has surged by 77% over the past decade, from $930 billion in q3 2014 to $1,644 billion in q3 2024.