Another financial quarter of American car loan data is in the books, and Edmunds has published its latest analysis on what the average loans look like for new and used vehicles. Perhaps unsurprisingly ...
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What Is the Average Car Loan Length?
The average car loan length is 68 months, according to the 2024 Experian State of the Auto Finance Market report. This is slightly higher than it was the year before. Typically, auto loan terms are 48 ...
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 ...
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Average car loan length in 2025: what you need to know
In 2025, the landscape of car loans has shifted significantly, with average loan terms extending to seven years. This trend ...
Discover the most competitive auto loan rates available in 2025, understand how to qualify and choose the best lender for your financing needs Written By Written by Staff Senior Editor, Buy Side ...
WASHINGTON, D.C. — Nearing the lowest point so far in 2010, the Federal Reserve indicated the average interest rate on new-car loans at auto finance companies slipped again in June. Federal officials ...
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