Current Car Loan Interest Rates 2024. The average apr for a new car loan was 7.18%, according to experian's state of the automotive finance market report for the first quarter of 2024. If you’re thinking of financing a new car, you’ll want to.

According to experian’s state of the automotive finance market report, the average auto loan interest rate for new cars in 2024’s second quarter was 6.84 percent,. We’ve rounded up the current average interest rates for new car loans, used car loans and refinance car loans.