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Home » New-vehicle auto loan rates drop 97 bps in June (Big Wheels)

New-vehicle auto loan rates drop 97 bps in June (Big Wheels)

Used-vehicle average interest rate decreased to 7.35%

Aidan BushbyAidan Bush
June 18, 2026
in Big Wheels, Risk Management
Reading Time: 2 mins read
0
A series of cars, all lined up

(Courtesy/Canva)

National auto interest rates for new and used vehicles dropped for the sixth consecutive month in June amid projections that the Federal Reserve could raise interest rates this year. The national average interest rate on a 60-month loan for a new vehicle was 6.74% as of June 15, down 97 basis points (bps) year over […]

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