Average Finance Rate of New Car Loans at Finance Companies, Amount of Finance Weighted : 6.98% (As of 2023-12-01)
Historical Data
Basic Info
Average Finance Rate of New Car Loans at Finance Companies, Amount of Finance Weighted was 6.98 as of 2023-12-01, according to The Federal Reserve. Historically, Average Finance Rate of New Car Loans at Finance Companies, Amount of Finance Weighted reached a record high of 6.98 and a record low of 4.37, the median value is 5.03. Typical value range is from 4.72 to 6.20. The Year-Over-Year growth is 14.99%. GuruFocus provides the current actual value, an historical data chart and related indicators for Average Finance Rate of New Car Loans at Finance Companies, Amount of Finance Weighted - last updated on 2023-12-01.
Monthly , not seasonally adjusted . For further information, please refer to the Board of Governors of the Federal Reserve System's G.19 release, online at http://www.federalreserve.gov/releases/g19/.
| Category | Production & Business Activity |
| Region | USA |
| Source | The Federal Reserve |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 6.98% | ||
| Latest Period | 2023-12-01 | ||
| Long Term Average | 5.46% | ||
| Average Annualized Growth Rate | +0.32% | ||
| Value from 1 year ago | 5.07% | ||
| Change from 1 year ago | +37.67% | ||
| Frequency | Daily | ||
| Unit | % | ||
| Download Source | RIELPCFANNM.txt |
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