Average Car Loan Interest Rates 2024
The emis you pay on the loan will vary significantly depending on the interest rate. The average auto loan interest rate for new cars in early 2024 was 6.73 percent, while used cars had an average rate of 11.91 percent.
Your credit score plays a. Fannie mae researchers expect prices to increase 6.1% in 2024 and 3.0% in 2025, while the mortgage bankers association expects a 4.5% increase in 2024 and a.