- 4.03% (60-month, new car)
- 4.71% (36-month, used car)
Average rates on new car loans remained stuck in neutral this week, according to Bankrate's latest survey of interest rates.
For the fourth week in a row, the average rates on 48-month and 60-month new car loans held at 3.97 percent and 4.03 percent, respectively. The 36-month new car loan also didn't change this week, remaining at 3.96 percent.
The average 48-month used car loan also stalled again this week at 4.78 percent, and the average 36-month used car loan stayed parked for the sixth straight week at 4.71 percent.