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Average Auto Loan Rates April 02 2026
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Advertiser Disclosure Some of the institutions listed may have a business relationship with MonitorBankRates. However, our proprietary systems independently track and verify all rates and data displayed. Advertiser relationships do not influence our Health Safety Rating, Star Ratings or Texas Ratio calculation, or the rates shown.

Auto Loan Rates in Average Auto Loan Rates April 02 2026 () for April 2026

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Auto Loan Rates — Last Updated and Verified: April 23, 2026

Current Average Auto Loan Rates April 02 2026 auto loan rates are highly competitive. Check the table below for the latest APR offers.

Use the tabs below to compare auto loan rates across Average Auto Loan Rates April 02 2026 side-by-side. Rates are continually updated — we recommend checking back frequently.

Auto loan rates reflect recent market quotes and representative offers available to borrowers in Average Auto Loan Rates April 02 2026. Auto Loan Rates Last Updated and Verified: April 23, 2026

Compare Auto Loan Rates Today in Average Auto Loan Rates April 02 2026

No all auto loans loans found in Average Auto Loan Rates April 02 2026 at this time.

No new auto loans found in Average Auto Loan Rates April 02 2026 at this time.

No used auto loans found in Average Auto Loan Rates April 02 2026 at this time.

Average Auto Loan Rates April 02 2026 Auto Loan Rate Trends

Compare local Average Auto Loan Rates April 02 2026 auto loan rates against the statewide average

Daily auto loan rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Average Auto Loan Rates April 02 2026 Auto Trends →

New Auto Loan — Avg

5.707%

▼ 0.096 vs 7 days ago

Average Auto Loan Rates April 02 2026 new auto rates fell 0.096 points over the past 7 days to 5.707% APR.

Used Auto Loan — Avg

6.518%

▼ 0.070 vs 7 days ago

Average Auto Loan Rates April 02 2026 used auto rates fell 0.070 points over the past 7 days to 6.518% APR.

As of Apr 23, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Frequently Asked Questions about Auto Loans in Average Auto Loan Rates April 02 2026

How does my credit score affect my car loan rate in Average Auto Loan Rates April 02 2026?

Your credit score is the biggest factor determining your auto loan APR. Borrowers in Average Auto Loan Rates April 02 2026 with excellent credit (750+) qualify for the lowest rates, while those with lower scores will see significantly higher interest costs.

Is it better to finance through a dealership or a bank?

It is highly recommended to get pre-approved through a local bank or credit union in Average Auto Loan Rates April 02 2026 *before* visiting a dealership. Dealerships often mark up interest rates to make a profit.

What is the difference between New and Used Auto Loan rates?

Lenders in Average Auto Loan Rates April 02 2026 typically offer lower interest rates for new cars because they are easier to value and represent less risk. Used car loans generally carry slightly higher APRs.

How long should my auto loan term be?

While 72-month and 84-month loans lower your monthly payment, they cost you far more in total interest. The ideal auto loan term is 60 months or less.

What are the best Auto Loan rates in Average Auto Loan Rates April 02 2026?

Based on our current data, some of the lowest auto loan rates available in Average Auto Loan Rates April 02 2026 include:

Check the rate table above for current rates.

Auto Loan Rates reflect actual verified offers from banks and credit unions actively lending in Average Auto Loan Rates April 02 2026. Your final approved rate will depend on your credit profile and loan term. Last Updated and Verified: April 23, 2026