Use Investopedia’s free auto loan calculator to estimate your monthly car payment, total interest paid, and overall cost to plan your loan and save money.

According to credit reporting agency Experian, the average auto loan interest rate in the fourth quarter of 2025 was 6.37% for new cars and 11.26% for used cars. Here's how average rates broke down by ...

Your auto loan interest rate is determined by a combination of financial, personal, vehicle and market factors. Understanding these elements can help you make informed decisions when seeking financing ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...