New car financing is available for under 4% APR for borrowers with high credit scores Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for ...

The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...

Edmunds reports that a 60-month car loan is ideal, balancing payments and interest, while longer terms lead to higher costs ...

Learn five strategies to reduce your car payment.

There's no question that Americans love their cars. And with auto prices increasing, more of us are using some type of financing to get into the seat and out on the road. It's not just new vehicles, ...

More new-car shoppers are taking on seven-year loans, a trend that underscores the rising cost of financing a vehicle. Seven-year loans made up 19.8% of all new vehicle financing by dealers in the ...

Review your credit report, know your credit score and, yes, freeze your credit before stepping on a car dealer's lot. Dealer-arranged financing is convenient but it will limit your options. Typically, ...

“If you’ve got a low score but you have strong income and a good loan-to-value ratio, you can get refinanced,” Goodall said. Most lenders cap loan amounts at 125% of a car’s value. If your car is ...

Auto loan rates in 2025 range from below 4.00% annual percentage rate (APR) to above 10% APR, depending on whether you purchase a new or used car and your financial situation. The best auto loan rates ...