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Will Auto Loan Rates Go Down In 2024 Delhi. The average auto loan interest rate in the first quarter of 2024 was 6.73% for new vehicles and 11.91% for used vehicles, according to experian. Before choosing a bank to avail the loan, compare the interest rates different banks offer.

Remember, your credit score is crucial in getting an. The exact loan terms and pricing you receive will depend on your personal financial profile.