Typical Car Loan Interest Rate 2024. The car loan interest rate starts at 9.3% and the loan processing fee can range between rs 3500 and rs 12000 with a car loan stamp duty charge of rs 700. According to data from experian, the average loan amount for new cars in the first half of 2024 was $40,927 and the average interest rate is a little less than 7%.

Latest car loan interest rates: You might be able to work out a better deal and get a cheaper.