Monthly car loan rates in the U.S. 2017-2019

Interest rates on auto loans in the United States from May 2017 to May 2019

by Statista Research Department, last edited Jun 3, 2019
Monthly car loan rates in the U.S. 2017-2019 This statistic presents the average interest rate on 60-month new car loans in the United States from May 2017 to May 2019. Car loan interest rates amounted to 4.72 percent as of May 29, 2019. The smaller the car loan interest rates, the cheaper the loan is. In the United States, the interest rate on 5-year car loan has increased slightly over time with a highest value of 4.96 percent occurring in December 2018. An average amount of new car financing in the U.S. was 31,722 U.S. dollars at the end of the fourth quarter of 2017.
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Interest rates on auto loans in the United States from May 2017 to May 2019

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Interest rate
May 194.72%
Apr 194.77%
Mar 194.77%
Feb 194.78%
Jan 194.77%
Dec 184.96%
Nov 184.93%
Oct 184.93%
Sep 184.79%
Aug 184.8%
Jul 184.83%
Jun 184.82%
May 184.64%
Apr 184.59%
Mar 184.52%
Feb 184.53%
Jan 184.51%
Dec 174.43%
Nov 174.29%
Oct 174.3%
Sep 174.29%
Aug 174.25%
Jul 174.51%
Jun 174.44%
May 174.38%
Interest rate
May 194.72%
Apr 194.77%
Mar 194.77%
Feb 194.78%
Jan 194.77%
Dec 184.96%
Nov 184.93%
Oct 184.93%
Sep 184.79%
Aug 184.8%
Jul 184.83%
Jun 184.82%
May 184.64%
Apr 184.59%
Mar 184.52%
Feb 184.53%
Jan 184.51%
Dec 174.43%
Nov 174.29%
Oct 174.3%
Sep 174.29%
Aug 174.25%
Jul 174.51%
Jun 174.44%
May 174.38%
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by Statista Research Department, last edited Jun 3, 2019
This statistic presents the average interest rate on 60-month new car loans in the United States from May 2017 to May 2019. Car loan interest rates amounted to 4.72 percent as of May 29, 2019. The smaller the car loan interest rates, the cheaper the loan is. In the United States, the interest rate on 5-year car loan has increased slightly over time with a highest value of 4.96 percent occurring in December 2018. An average amount of new car financing in the U.S. was 31,722 U.S. dollars at the end of the fourth quarter of 2017.
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