Auto loan rates
Compare auto loan rates. See rates for new and used car loans and find auto loan refinance rates from lenders.
17 min read
Sep 18, 2024
Rebecca Betterton
Writer, Auto Loans and Personal Loans
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3Years of experience
EXPERTISE
- Auto Loans
- Personal loans
- Personal finance
- Budgeting
EDUCATION
- Certified Financial Education Instructor℠, National Financial Educators Council
- Bachelor of Arts in Strategic Communications, Elon University
About the author
Rebecca Betterton, a Certified Financial Education Instructor℠, is a writer for Bankrate who has been reporting on auto loans since 2021. Through her writing, Rebecca aims to provide clarity and accessibility to the automotive loans industry as the cost of financing new and used vehicles continues to climb due to steep inflation.
She specializes in assisting readers in navigating the ins and outs of securely borrowing money to purchase a car, but recently widened her scope to cover personal loans and other debt topics. Prior to her time at Bankrate, she was a social media reporter and copywriter.
When Rebecca isn’t researching recent trends in personal finance, she is an avid runner and a lover of interior design.
Rebecca beyond Bankrate
Rebecca wants you to know
Rebecca understands the anxiety that comes with heading to a dealership. She is passionate about empowering readers to make informed financial decisions in the showroom through focused advice and guidance. Outside of that, she has spent the last year researching EV financing and trends to make it more accessible for all sorts of drivers.
Rebecca's latest articles
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How to save on auto loans despite a high federal funds rate
Fed hikes means higher rates — but there are still ways to save.
3 min read Sep 18, 2024 -
When will car interest rates start dropping?
Auto rates will likely not decrease this year. Consider how to still save.
4 min read Sep 18, 2024 -
How does the Fed interest rate affect car loans?
Does the Fed interest rate affect car loans? Yes, it does: It has a domino effect that can raise or lower auto loan rates.
3 min read Sep 18, 2024 -
Car interest rates are going up as the Fed quells inflation
Prepare for high rates of inflation if you plan to buy a vehicle this season.
4 min read Sep 18, 2024 -
What’s your state’s average car loan balance?
Delinquencies are returning to pre-pandemic levels — see where your state lands.
4 min read Sep 17, 2024 -
Average car payments in 2024: What to expect
Use average car payment data to inform your budgeting.
5 min read Sep 17, 2024 -
Should I buy a car with my partner? Don’t let Cupid decide
Answer some key questions before buying a car with your partner.
4 min read Sep 16, 2024
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Good Credit Loan Rates
Bankrate's expert team helps you compare good credit loans from an array of lenders. Apply for a loan today!
12 min read Sep 19, 2024 -
SoFi vs. LendingClub: Which offers better personal loans?
SoFi and LendingClub are both popular online personal loan lenders, but they each have advantages and disadvantages.
4 min read Sep 16, 2024 -
Has the buy now, pay later model changed American spending habits for good?
BNPL apps have altered American spending habits.
6 min read Sep 13, 2024 -
How to negotiate a car lease
Negotiate the whole price, not monthly payments, to get the best deal on a car lease.
5 min read Sep 13, 2024 -
How secured auto loans work — and why they’re usually the best choice
Secured auto loans are the most common type available.
4 min read Sep 12, 2024 -
Buying a car in Chapter 13 bankruptcy: How to do it
Buying a car while in bankruptcy has a few more steps than normal. Learn how to navigate the process and alternatives.
6 min read Sep 09, 2024 -
Capital One auto loans: 2024 review
Finance a new or used car or refinance an existing auto loan with Capital One. But you'll be limited to its network of dealers.
5 min read Sep 09, 2024 -
How to get a car loan with bad credit: 10 tips for finding the best
Shopping around is important if you’re seeking a car loan with bad credit.
6 min read Sep 09, 2024