If you're shopping for a new car right now, you've got a rare advantage working in your favor. 60-month auto loan rates dropped to 7.01% in January 2026—the lowest they've been since mid-2023, according to Bankrate's latest auto loan tracker.

Refinancing a car can save you money, but the timeline varies by state and lender

The Fed is expected to hold rates steady this week as automakers and dealers watch for signals on future cuts and financing costs

Record-high car prices coupled with high interest rates are leading to huge monthly car payments for many Americans. A record share of Americans — more than 20% — agreed to pay more than $1,000 per month for a new car loan at the end of the year,

Auto refinance rates start below 4% for qualified borrowers

The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're thinking about buying a car in the near future ...

The central bank’s policy stance can influence consumer savings and borrowing, from car financing to home equity loans. Here’s how it works.

If you purchased a new car after Dec. 31, 2024, you can now deduct the interest you paid on the auto loan when you file your taxes.

Discover how to sell your car with an outstanding loan.