For context a secured loan for a new car from a bank. **7.09%** This national average APR for a 60-month new car loan reflects Bankrate's weekly survey of the 10 largest U.S. banks and thrifts as of November 5, 2025, and applies regardless of the $100,000 loan amount (which is feasible for luxury vehicles). Rates can vary by credit score—e.g., 5.27% for superprime (781+) vs. 6.78% for prime (661–780) based on Q2 2025 Experian data—and individual lender offers. For comparison, Bank of America advertises rates as low as 6.04% for qualified borrowers as of November 6, 2025. Shop around with multiple banks for personalized quotes.