Interest rates on auto loans in the United States from November 2016 to November 2018

Monthly car loan rates in the U.S. 2016-2018 This statistic presents the average interest rate on 60-month new car loans in the United States from November 2016 to November 2018. Car loan interest rates amounted to 4.93 percent as of November 28, 2018. 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 4.93 percent occurring in November 2018. An average amount of new car financing in the U.S. was 31,099 U.S. dollars at the end of the fourth quarter of 2017.
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Interest rate
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%
Apr 174.35%
Mar 174.38%
Feb 174.36%
Jan 174.35%
Dec 164.32%
Nov 164.27%
Interest rate
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%
Apr 174.35%
Mar 174.38%
Feb 174.36%
Jan 174.35%
Dec 164.32%
Nov 164.27%
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Description Source More information
This statistic presents the average interest rate on 60-month new car loans in the United States from November 2016 to November 2018. Car loan interest rates amounted to 4.93 percent as of November 28, 2018. 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 4.93 percent occurring in November 2018. An average amount of new car financing in the U.S. was 31,099 U.S. dollars at the end of the fourth quarter of 2017.
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Release date
December 2018
Region
United States
Survey time period
November 2016 to November 2018
Supplementary notes
Average interest rate on a 60-month new car loan.
End of month data.

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