According to credit reporting agency Experian, the average auto loan interest rate in the fourth quarter of 2025 was 6.37% for new cars and 11.26% for used cars. Here's how average rates broke down by ...

Used-car loans generally carry higher interest rates than new-car loans, so shopping for rates is critical. Always shop around and secure a prequalification for a loan before heading to the dealership ...

A higher credit score often leads to better-than-average rates.