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What are auto loan rates today?

Nicholas Hinrichsen - Published: February 15, 2024

Looking into buying or refinancing a car and curious 'what are auto loan rates today?'
The FED just lowered the government's short-term lending rate to 0% in order to avoid an economic downturn. If the government and banks can now borrow money at basically 0%, your auto loan rate today could also be lower.

The following table shows what auto loan rates are today:

Credit ScoreNew carUsed car
Below 55022.00%22.00%

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