Rate Index · March 2025

Auto loan rates in March 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
6.61%
-0.23 pts vs February 2025
Lowest: 4.99% (MyAutoLoan)
Used car
6.76%
-0.23 pts vs February 2025
Lowest: 5.24% (MyAutoLoan)
Refinance
6.46%
-0.16 pts vs February 2025
Lowest: 4.99% (MyAutoLoan)
Lease buyout
6.47%
-0.12 pts vs February 2025
Lowest: 4.59% (MyAutoLoan)

New car - by lender

LenderAvg advertised APR (March 2025)Lowest seen
Bank of America 5.61% 5.54%
MyAutoLoan 6.84% 4.99%
Truist 7.39% 7.24%

Used car - by lender

LenderAvg advertised APR (March 2025)Lowest seen
Bank of America 5.81% 5.74%
MyAutoLoan 7.09% 5.24%
Truist 7.39% 7.24%

Refinance - by lender

LenderAvg advertised APR (March 2025)Lowest seen
MyAutoLoan 5.42% 4.99%
Bank of America 6.31% 6.24%
Truist 7.64% 7.49%

Lease buyout - by lender

LenderAvg advertised APR (March 2025)Lowest seen
MyAutoLoan 5.45% 4.59%
Bank of America 6.31% 6.24%
Truist 7.64% 7.49%
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, March 2025 - https://www.autoloanrate.com/rate-index/march-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.