Rate Index · July 2026

Auto loan rates in July 2026.

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
5.91%
+0.21 pts vs June 2026
Lowest: 3.89% (Navy Federal Credit Union)
Used car
6.11%
+0.21 pts vs June 2026
Lowest: 4.79% (Navy Federal Credit Union)
Refinance
7.24%
+0.75 pts vs June 2026
Lowest: 7.24% (LightStream)
Lease buyout
7.24%
+0.75 pts vs June 2026
Lowest: 7.24% (LightStream)

New car - by lender

LenderAvg advertised APR (July 2026)Lowest seen
Navy Federal Credit Union 5.23% 3.89%
Bank of America 5.27% 5.14%
LightStream 7.24% 7.24%

Used car - by lender

LenderAvg advertised APR (July 2026)Lowest seen
Bank of America 5.47% 5.34%
Navy Federal Credit Union 5.61% 4.79%
LightStream 7.24% 7.24%

Refinance - by lender

LenderAvg advertised APR (July 2026)Lowest seen
LightStream 7.24% 7.24%

Lease buyout - by lender

LenderAvg advertised APR (July 2026)Lowest seen
LightStream 7.24% 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, July 2026 - https://www.autoloanrate.com/rate-index/july-2026

Questions about the data? See how we collect it.

← June 2026 All months

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.