The Federal Reserve held interest rates steady on Wednesday, keeping its benchmark rate — known as the federal funds rate — ...

Are you buying a new car? A used car? A very used car? New-car rates are often the lowest. Loan-term length. Automakers started employing a lot of 0% financing to keep cars selling after the ...

The average auto loan interest rate for new cars in the fourth quarter of 2024 was 6.35 percent, while the average used car loan interest rate was 11.62 percent. Your credit score plays a ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

It opted to leave the benchmark rate unchanged in March 2025. While auto loan rates have begun to decrease, it will likely take several rate cuts before borrowers see significantly lower rates.