The figures for car loans at commercial banks correspond to February (Q1), May (Q2), August (Q3), and November (Q4). Meanwhile, the values for car loans at finance companies correspond to the last month of each quarter.
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Car loan interest rates in the U.S. 2019-2025, by type
As of the fourth quarter of 2025, 72-month new car loans granted by commercial banks in the United States had an interest rate of **** percent. Meanwhile, auto loans at finance companies had an interest rate of **** percent, which is lower than the average rate in commercial banks. The finance rates for new cars have only decreased at finance companies.
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New York Fed. (January 8, 2026). Interest rates on new car loans in the United States from 1st quarter 2019 to 4th quarter 2025, by type [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 28, 2026, from /statistics/1341810/car-loan-interest-rates-in-the-us-by-type/
New York Fed. "Interest rates on new car loans in the United States from 1st quarter 2019 to 4th quarter 2025, by type." Chart. January 8, 2026. ÌÇÐÄÆƽâ°æ. Accessed July 28, 2026. /statistics/1341810/car-loan-interest-rates-in-the-us-by-type/
New York Fed. (2026). Interest rates on new car loans in the United States from 1st quarter 2019 to 4th quarter 2025, by type. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 28, 2026. /statistics/1341810/car-loan-interest-rates-in-the-us-by-type/
New York Fed. "Interest Rates on New Car Loans in The United States from 1st Quarter 2019 to 4th Quarter 2025, by Type." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 8 Jan 2026, /statistics/1341810/car-loan-interest-rates-in-the-us-by-type/
New York Fed, Interest rates on new car loans in the United States from 1st quarter 2019 to 4th quarter 2025, by type ÌÇÐÄÆƽâ°æ, /statistics/1341810/car-loan-interest-rates-in-the-us-by-type/ (last visited July 28, 2026)
Interest rates on new car loans in the United States from 1st quarter 2019 to 4th quarter 2025, by type [Graph], New York Fed, January 8, 2026. [Online]. Available: /statistics/1341810/car-loan-interest-rates-in-the-us-by-type/
