Used Car Interest Rates Ohio 2025. The average auto loan interest rates across all credit profiles range from 5.64% to 14.78% for new cars and 7.66% to 21.55% for used cars. Let’s look at the data.
That makes borrowing to buy a car expensive. The average auto loan interest rates across all credit profiles range from 5.64% to 14.78% for new cars and 7.66% to 21.55% for used cars.
Used Car Loans Typically Have Higher Interest Rates, In The Neighborhood Of 8%.
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Auto loan rates could (finally) come down in 2025.
Let’s Look At The Data.
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While It’s Challenging To Predict Exactly What Will Happen With Auto Loan Rates In 2025, Several Experts Project That Rates Will Likely Remain The Same Or.
This week, wholesale used car prices rose +0.13%, compared to +0.17% last week.
Shop Around For Your Best Interest Rate And Terms.
The average new car interest rate is now 9.95%.
Used Car Loans Typically Have Higher Interest Rates, In The Neighborhood Of 8%.