Car Loan Rates January 2024. To help you get started on your auto loan search, we’ve gathered a list of the best auto loan rates currently being offered. Car loan rates went up to 7.82% from 3.86% in a few years.
Cnbc select evaluated dozens of auto loan providers based on loan terms, car buying experience and other factors to determine the best car loans. 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.