Car loan interest rates can vary based on factors such as credit score, loan term, and whether the car is new or used. Typically, average car loan interest rates range from 4% to 7% for new cars and 5% to 9% for used cars. However, rates can be lower for those with excellent credit or higher for those with poor credit. It's always best to shop around and compare offers from multiple lenders to find the best rate for your specific situation.

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