Monthly car loan rates in the U.S. 2017-2019

This statistic presents the average interest rate on 60-month new car loans in the United States from January 2014 to December 2019. Car loan interest rates amounted to 4.61 percent as of December 23, 2019.
The smaller the car loan interest rates, the cheaper the loan is. In the United States, the interest rate on five-year car loan has increased slightly over time with a highest value of 4.96 percent occurring in December 2018. An average amount of new car financing in the U.S. was 31,722 U.S. dollars at the end of the fourth quarter of 2018.

Interest rates on auto loans in the United States from September 2017 to November 2019

Interest rate
Dec 194.61%
Nov 194.59%
Oct 194.61%
Sep 194.61%
Aug 194.63%
Jul 194.66%
Jun 194.74%
May 194.72%
Apr 194.77%
Mar 194.77%
Feb 194.78%
Jan 194.77%
Dec 184.96%
Nov 184.93%
Oct 184.93%
Sep 184.79%
Aug 184.8%
Jul 184.83%
Jun 184.82%
May 184.64%
Apr 184.59%
Mar 184.52%
Feb 184.53%
Jan 184.51%
Dec 174.43%
Nov 174.29%
Oct 174.3%
Sep 174.29%
Aug 174.25%
Jul 174.51%
Jun 174.44%
May 174.38%
Apr 174.35%
Mar 174.38%
Feb 174.36%
Jan 174.35%
Dec 164.32%
Nov 164.27%
Oct 164.26%
Sep 164.23%
Aug 164.18%
Jul 164.17%
Jun 164.17%
May 164.25%
Apr 164.28%
Mar 164.33%
Feb 164.29%
Jan 164.33%
Dec 154.4%
Nov 154.33%
Oct 154.3%
Sep 154.32%
Aug 154.38%
Jul 154.37%
Jun 154.39%
May 154.37%
Apr 154.37%
Mar 154.31%
Feb 154.07%
Jan 154.07%
Dec 144.12%
Nov 144.06%
Oct
14
4.04%
Sep 144.02%
Aug 144.03%
Jul
14
4.03%
Jun
14
4.13%
May 144.13%
Apr 144.18%
Mar 144.23%
Feb 144.21%
Jan
14
4.25%
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Source

Release date

January 2020

Region

United States

Survey time period

January 2014 to December 2019

Supplementary notes

Average interest rate on a 60-month new car loan.
End of month data.

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Statistics on "Car financing and leasing in the United States"

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