With the average interest rate on auto loans rising by as much as 2% between Q2 2024 and Q3 2024, but the recent Federal Reserve rate cut likely to bring down APRs in the future, the personal-finance website WalletHub today released its new report on the States Where Auto Loan Interest Rates Are Increasing the Most, based on proprietary user data.
Arizona Stats
- Overall Rank: 42nd
- Average Auto Loan Interest Rate in Q3 2024: 10.16%
- Change in Average Auto Loan Interest Rate (Q3 2024 vs. Q2 2024): 0.49%
For the full report, please visit:
https://wallethub.com/edu/states-auto-loan-interest-rates-change/142747
