Track current and weekly average auto loan rates in New Mexico, view interactive rate trend charts, and compare local NM aprs against the national average.
Auto Loan rates in New Mexico fell 1.793 this week to 6.660%, down from 8.453% last week.
At 6.660%, New Mexico’s average sits 0.775 above the current national average of 5.885%. This above-average spread may reflect local market conditions or regional lender competition in NM.
The New Mexico auto loan rate averages on this page are calculated from our database of over 8,500 banks and credit unions actively operating across all 50 states. Our proprietary systems collect and verify rates daily — tracking what real licensed institutions are actually quoting to borrowers, not rate sheet estimates.
Daily average rates since March 15, 2026. State data shown where available; national average used as fallback. Hover to see exact rates.
As of Apr 1, 2026 • Data provided by MonitorBankRates.com