Average advertised APRs across the U.S. lenders we track. Advertised rates assume top-tier credit, so treat them as each lender's floor. Methodology.
January 2026: New car loans averaged 6.76% APR across 2 lenders, up 0.06 points from December 2025, and the lowest advertised rate was 5.98% from MyAutoLoan. Used car loans averaged 6.89% APR across 2 lenders, up 0.07 points from December 2025, and the lowest advertised rate was 6.23% from MyAutoLoan. Refinance loans averaged 5.98% APR across 2 lenders, up 0.07 points from December 2025, and the lowest advertised rate was 4.09% from MyAutoLoan. Lease buyout loans averaged 6.12% APR across 2 lenders, up 0.09 points from December 2025, and the lowest advertised rate was 4.59% from MyAutoLoan.
| Lender | Avg advertised APR (January 2026) | Lowest seen |
|---|---|---|
| MyAutoLoan | 6.70% | 5.98% |
| Truist | 6.82% | 6.24% |
| Lender | Avg advertised APR (January 2026) | Lowest seen |
|---|---|---|
| Truist | 6.82% | 6.24% |
| MyAutoLoan | 6.95% | 6.23% |
| Lender | Avg advertised APR (January 2026) | Lowest seen |
|---|---|---|
| MyAutoLoan | 4.89% | 4.09% |
| Truist | 7.07% | 6.49% |
| Lender | Avg advertised APR (January 2026) | Lowest seen |
|---|---|---|
| MyAutoLoan | 5.16% | 4.59% |
| Truist | 7.07% | 6.49% |
This data is published under CC BY 4.0: free to use in articles, research, and reports with attribution and a link. Suggested citation:
Source: AutoLoanRate.com Auto Loan Rate Index, January 2026, https://www.autoloanrate.com/rate-index/january-2026
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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.