Interest.com's weekly survey of major lenders taken March 17 found the average cost of a:

Five-year, new-car loan fell to 7.09% from 7.16% last week. One year ago we were paying 6.87% APR.

Four-year, new-car loan fell to 7.11% from 7.17%. A year ago, we were paying 6.86%.

Three-year, new-car loan fell to 6.98% from 7.04%. A year ago, those loans cost 6.79%.

Three-year, used-car loan fell to 7.78% from 7.84%. A year ago, those loans cost 7.67%.

Here's where to find the best auto loan rates in your area.

Or check out our advice on how to get the best deal on a new car or truck and buy a great used vehicle.

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