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

Interest rates on auto loans in the United States from February 2017 to February 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 February 2017 to February 2019. Car loan interest rates amounted to 4.8 percent as of February 27, 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 31,099 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 February 2017 to February 2019

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Interest rate
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%
Apr 174.35%
Mar 174.38%
Feb 174.36%
Interest rate
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%
Apr 174.35%
Mar 174.38%
Feb 174.36%
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This statistic presents the average interest rate on 60-month new car loans in the United States from February 2017 to February 2019. Car loan interest rates amounted to 4.8 percent as of February 27, 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 31,099 U.S. dollars at the end of the fourth quarter of 2017.
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Release date
March 2019
Region
United States
Survey time period
February 2017 to February 2019
Supplementary notes
Average interest rate on a 60-month new car loan.
End of month data.
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