Average New Car Loan Rate 2025 Model . Best New Car Interest Rates 2024 Rivi Vickie This is because the lender's risk increases with the age of the vehicle. Credit Score: New Car Loan: Used Car Loan: Refinance Car Loan: 750 or higher: 6.94%: 7.19%:
FirstTime Car Buyer Programs and Loans from www.marketwatch.com
This is because the lender's risk increases with the age of the vehicle. As a result, a good interest rate on a car loan in Canada is a rate that is equal to or near the current national average car loan rate of 6.76%
FirstTime Car Buyer Programs and Loans In 2025, the average new car loan is financed at 9% APR Consumers Credit Union has low APRs all around, but especially for used car loans—its rates for used cars are the lowest we found in our research Auto loan interest rates are expected to decrease slightly in 2025, making it a good time for consumers to finance a new or used car
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