Rate Index · April 2025

Auto loan rates in April 2025.

Average advertised APRs across the U.S. lenders we track. Advertised rates assume top-tier credit - treat them as each lender's floor. Methodology.

New car
6.52%
-0.09 pts vs March 2025
Lowest: 4.99% (MyAutoLoan)
Used car
6.67%
-0.09 pts vs March 2025
Lowest: 5.24% (MyAutoLoan)
Refinance
6.31%
-0.15 pts vs March 2025
Lowest: 4.99% (MyAutoLoan)
Lease buyout
6.34%
-0.13 pts vs March 2025
Lowest: 4.59% (MyAutoLoan)

New car - by lender

LenderAvg advertised APR (April 2025)Lowest seen
Bank of America 5.60% 5.59%
MyAutoLoan 6.82% 4.99%
Truist 7.14% 6.99%

Used car - by lender

LenderAvg advertised APR (April 2025)Lowest seen
Bank of America 5.80% 5.79%
MyAutoLoan 7.07% 5.24%
Truist 7.14% 6.99%

Refinance - by lender

LenderAvg advertised APR (April 2025)Lowest seen
MyAutoLoan 5.29% 4.99%
Bank of America 6.22% 6.19%
Truist 7.41% 7.24%

Lease buyout - by lender

LenderAvg advertised APR (April 2025)Lowest seen
MyAutoLoan 5.39% 4.59%
Bank of America 6.22% 6.19%
Truist 7.41% 7.24%
Cite this data

This data is free to reference in articles, research, and reports with attribution and a link. Suggested citation:

Source: AutoLoanRate.com Auto Loan Rate Index, April 2025 - https://www.autoloanrate.com/rate-index/april-2025

Questions about the data? See how we collect it.

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How to read these numbers

Every figure on this page is an average of advertised APRs - the rates lenders publish for their best-qualified borrowers on the shortest common terms. Your own offer depends on credit profile, term length, vehicle age, and state. Two practical uses:

Full collection details, lender coverage, and revision policy: methodology.