Best Car Loan Rates 2024. Compare car loan companies to ensure you're getting the best auto lender and lowest interest rate for your new or used vehicle. In august 2024, automotive site edmunds.com listed the average car loan interest rate for july 2024 as 7.1% apr for new car loans and 11.4% apr for used car loans.

Find the best car loan by comparing rates from multiple lenders and learn everything you need to know about an auto loan before you make a decision. Autopay currently has the best new car loan rates at 2.99% while consumers credit union has the lowest used car loan apr at 5.79%.