Car Loan Interest Rates 2024

Car Loan Interest Rates 2024. If you have a lower credit score, you can expect your interest rate. Comparison rates and examples are based on a $30,000 secured loan over 5 years:.

Though not as fast as rises in interest rates across other borrowing categories, car loan rates are not as low as they once were. Understanding how inflation and rba rates decisions affect car loan rates can be beneficial to buyers looking to take advantage of increased supply in the auto sector.