New car financing is available for under 4.00% APR for borrowers with high credit scores ...
Auto refinance rates start below 4% for qualified borrowers ...
You’re more likely to find rates below 5.00% when you have a higher credit score ...
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 ...
Borrowers with excellent credit are more likely to get the best interest rates and terms when refinancing an auto loan ...