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Understanding the current state of the new and used car market can help you find the best deal.

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GOBankingRates recently conducted a study about the average auto loan rates in every U.S. state, including Hawaii.

you might use this data to help youmake an informed decision when purchasing a new automobile.

Use the following breakdown ofaverage auto loan ratesand costs to help.

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This is especially relevant for retirees living on a limited budget.

Methodology: For this study, GOBankingRates analyzed each U.S. state to find the average auto loan rates.

The monthly and total auto loan costs can both be calculated for all the states and car types.

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All data was collected on and is up to date as of Sept. 5, 2024.

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