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Historical Rate Data

Auto loan rate

Chart

Combination chart with 3 data series.
The chart has 2 X axes displaying Months of the year, and navigator-x-axis.
The chart has 2 Y axes displaying Rate (%), and navigator-y-axis.
View 1 month1mView 3 months3mView 6 months6mView year to dateYTDView 1 year1yView allAll
End of interactive chart.

Current observation

April 23rd, 2025

Units:

Rate

Frequency:

Weekly

Source:

Bankrate

Methodology

Bankrate Monitor (BRM) National Index is a weekly index that tracks interest rate trends for a range of financial products including deposit accounts, loans, mortgages and credit cards. The interest rates that comprise the index are collected by Bankrate’s market analysis team each week, using a consistent methodology as far back as the early 1980s. The index is intended to offer consumers an apples to apples view of interest rate trends over time. Bankrate Monitor (BRM) National Index rates can be found in the Bankrate Data Center.

The Bankrate market analysis team conducts a weekly survey of the 10 largest institutions (a combination of banks and thrifts) in the same 10 large US markets each week. The rates are calculated as an average, with bank and thrift rates weighted equally to account for the difference between bank and thrift rates for the same financial products, in the same markets.

For BRM 5-year new car and 4-year used car auto loan averages, rates are collected as defined above and based on no existing relationship or automatic payments.

The customer profile includes:

  • New car loan:

  • Not previously titled

  • 700 FICO

  • $33K loan amount

  • 10 percent down payment

Used car loan:

  • 3-year-old vehicle

  • 700 FICO

  • $20K loan amount

  • 20 percent down payment

Tags

Consumer lending
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