Interest.com's weekly survey of major lenders taken June 24 found the average cost of a:
Five-year, new-car loan rose to 7.04% from 7.02%. One year ago we were paying 7.07% APR.
Four-year, new-car loan edged up to 7.03% from 7.01%. A year ago, we were paying 7.02%.
Three-year, new-car loan rose to 6.91% from 6.89%. A year ago, those loans cost 6.96%. Three-year, used-car loan held at 7.88%. A year ago, those loans cost 7.75%.
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.
Our auto loan calculator can help you figure out the monthly payments for any deal.
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