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Credit score. Average interest rate for new car loans. Average interest rate for used car loans. 781 to 850. 5.61%. 7.43%. 661 to 780. 6.88%. 9.33%. 601 to 660
The Federal Reserve's plan to raise interest rates this year will likely mean higher rates for car loans as well, but that probably won't have a huge impact on either auto sales or the terms many ...
Rate cuts from the Fed will take some of the edge off of the rising cost of financing a car. McBride expects five-year new car loans to hit 7 percent from their current 7.71 percent level, while ...
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