Auto Loan Rates February 2024 Calculator. Evaluate your car loan emi based on the loan amount, tenure & interest. The average loan carried an 11.3 percent rate in august, marginally higher than 11.2 percent last august and 9 percent in august.

Penfed, autopay, and consumers cu are among our top picks for the best auto loan lenders with low fees and wide. Auto loan rates typically range from 3% to 20%, which is lower than other loan types, such as personal loans, which can reach up to 36%.