Auto Loan Rates In 2024. The average auto loan interest rates across all credit profiles range from 5.64% to 14.78% for new cars and 7.66% to 21.55% for used cars. Auto loan rates typically range from 3% to 20%, which is lower than other loan types, such as personal loans, which can reach up to 36%.
A person should have a positive cibil score to be eligible for the application process. Best for new car loan aggregators
The Average Auto Loan Interest Rates Across All Credit Profiles Range From 5.64% To 14.78% For New Cars And 7.66% To 21.55% For Used Cars.
Aggregate delinquency rates increased in q4 2023, with 3.1% of outstanding debt in some stage of delinquency at the end of december.
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Auto loan rates by credit score;
1 The Best Auto Loan Rates For New Cars (May 2024) 1.1 Bmw Cash And Financing Deals.
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Best Auto Loan Rates &Amp; Lenders For May 2024;
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A person should have a positive cibil score to be eligible for the application process.