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New-vehicle auto loan rates fall 97 bps in August (Big Wheels)

National rate benchmarks sitting at 7.35% for used

National auto interest rates for new and used vehicles ticked down in August, though vehicle affordability continues to weigh on buyers.   The national average interest rate on a 60-month loan for a new vehicle was 6.74% as of Aug. 17, down 97 basis points (bps) compared with Aug. 18, 2025, according to the latest data from Curinos.  Meanwhile, the national average […]

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