Average Car Loan Interest Rate 2024 Uk. If you’re looking for a cheap car loan, this is what you should negotiate on. New figures released by the finance & leasing association (fla) show that consumer car finance new business volumes grew in july 2024 by 1% compared with the same.

The average auto loan interest rate in the second quarter of 2024 was 6.84% for new vehicles and 12.01% for used vehicles, according to experian. In the second quarter of 2024, the overall average auto loan interest rate was 6.84% for new cars and 12.01% for used cars.