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Auto Loan Rate Drop Alert

We'll notify you when auto loan rates drop. Stop overpaying on interest.

Current Average Auto Loan Rates Β· April 2026

New Car

6.84% APR

National average

Used Car

11.35% APR

National average

Refinance

7.15% APR

National average

Data from Federal Reserve / Bankrate

6-Month Rate Trend (New Car)

Trending down
Nov 2025
7.10%
Dec 2025
7.00%
Jan 2026
6.90%
Feb 2026
6.90%
Mar 2026
6.80%
Apr 2026
6.84%

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Rate Tips

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A 1% lower rate on a $30,000 loan saves you $900+ over 5 years

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Credit scores above 720 typically get the best rates

🏦

Credit unions often offer 1-2% lower rates than big banks

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Refinancing within 6 months of purchase can save thousands if rates drop

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