Auto Loan Rates 2024 Reddit Usa. We've rounded up the current average interest rates for new car loans,. The average rate for a new car buyer with deep subprime credit was 15.62% as of the first quarter of 2024, according to experian data.

Here are the lenders that currently offer the best auto loan rates for refinancing your vehicle. Borrowers falling under the deep subprime category, between 300 and 500, can expect rates over 15 percent for new and over 21 percent for used, according to experian’s second quarter of 2024.