The average auto loan interest rate for new cars in the third quarter of 2024 was 6.61 percent, while the average used car loan interest rate was 11.74 percent. Your credit score plays a ...

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development.

The Federal Reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers ...

If you have been holding off on buying a new vehicle, 2025 could be the right time to visit your local dealership. Bankrate Chief Financial Analyst Greg McBride predicts that rates will ease for ...

The subprime auto loans 60-plus-day delinquency rate rose to 6.15%, a new record for December. For the delinquency rate prime auto loan ABS has been in pristine condition (0.37% in December) ...