Federal Reserve announces emergency meeting on auto lending regulations • Click for details

Vehicle Sales

0
+ 0 %

AFN Composite Index

0

-0.8%

Inventory Index

0
- 0 %

SOFR (WoW)

0
+ 0 %

New-vehicle APR 60 Mos.

0
- 0 bps

New-vehicle auto loan rates decline 72 bps YoY (Big Wheels) 

Rate on 60-month loan for new vehicle at 6.74%  

Amanda Harris

Although new- and used-auto loan rates declined this month, the industry continues to keep an eye on consumer stress, inflation and the potential for another rate hike by yearend.  The national average interest rate on a 60-month loan for a new vehicle was 6.74% as of Oct. 19, down 72 basis points (bps) compared with […]

Already subscribed? Log in

Related Posts

Bank of America consumer vehicle net charge-offs tick down

Amanda Harris

CarMax Auto Finance originations down 1.5%

David Thompson

Wells Fargo Auto originations soar 110% YoY

David Thompson

Chase Auto originations down 3% YoY

David Thompson

Subscribe To Our Email Newsletter

Join industry professionals who start their day with our curated auto finance news.

* indicates required

By clicking submit below, you consent to allow Auto Finance News (Royal Media Group) to store and process the personal information submitted above to provide you the content requested.

For more information please visit www.royalmedia.com/legal.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices.

Sponsored

Tesla announces new fleet financing program

EV Finance