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Big Wheels: Vehicle loan rates up in 2024    

Average national rate landed just under 8% 

James Van BramerbyJames Van Bramer
July 8, 2024
in Big Wheels
Reading Time: 2 mins read
0

Interest rates on new– and used-vehicle loans crept down sequentially in July but remained higher than a year ago.  The national average interest rate on a 60-month, new-vehicle car loan fell 4 basis points (bps) sequentially to 7.96% as of July 5, according to the latest data from Curinos. . The average new-vehicle rate is […]

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