Used Car Interest Rates 2024 Calculator Usa

Used Car Interest Rates 2024 Calculator Usa. The overall average car loan interest rate is 6.84% for new cars and 12.01% for used cars. Estimate your monthly payments with cars.com's car loan calculator and see how factors like loan term, down payment and interest rate affect payments.

See how down payment, apr and term length affect payment amount. This bankrate calculator helps you determine if a new car or used car is best for you.