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. 2019-2026, by type
As of the first quarter of 2026, 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. (July 8, 2026). Interest rates on new car loans in the United States from 1st quarter 2019 to 1st quarter 2026, by type [Graph]. In ÀÖ²¥´«Ã½app×îа汾. Retrieved August 12, 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 1st quarter 2026, by type." Chart. July 8, 2026. ÀÖ²¥´«Ã½app×îа汾. Accessed August 12, 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 1st quarter 2026, by type. ÀÖ²¥´«Ã½app×îа汾. ÀÖ²¥´«Ã½app×îа汾 Inc.. Accessed: August 12, 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 1st Quarter 2026, by Type." ÀÖ²¥´«Ã½app×îа汾, ÀÖ²¥´«Ã½app×îа汾 Inc., 8 Jul 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 1st quarter 2026, by type ÀÖ²¥´«Ã½app×îа汾, /statistics/1341810/car-loan-interest-rates-in-the-us-by-type/ (last visited August 12, 2026)
Interest rates on new car loans in the United States from 1st quarter 2019 to 1st quarter 2026, by type [Graph], New York Fed, July 8, 2026. [Online]. Available: /statistics/1341810/car-loan-interest-rates-in-the-us-by-type/
