Used-car loan rates remain near 20-year highs
The average rate for a two-year used car loan was 7.5 percent on September 16, 2026. Rates have stayed above 7 percent for more than three years after dropping to 4.43 percent during the pandemic.
The average rate for a two-year used car loan was 7.5 percent on September 16, 2026. Rates have stayed above 7 percent for more than three years after dropping to 4.43 percent during the pandemic.