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New Mexico Auto Loan Rate Trends

Track current and weekly average auto loan rates in New Mexico, view interactive rate trend charts, and compare local NM aprs against the national average.

New Auto Loan
5.971%
▼ 0.012 this week
As of Apr 22, 2026
Used Auto Loan
5.827%
▼ 0.122 this week
As of Apr 22, 2026

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Current New Mexico Auto Loan Rate Trends

Auto Loan rates in New Mexico fell 0.012 this week to 5.971%, down from 5.983% last week.

At 5.971%, New Mexico’s average sits 0.263 above the current national average of 5.708%. This above-average spread may reflect local market conditions or regional lender competition in NM.

The New Mexico auto loan rate averages on this page are calculated from 151 verified auto loan rate quotes collected across 29 banks and credit unions actively operating in New Mexico. Our proprietary systems collect and verify rates daily — tracking what real licensed institutions are actually quoting to borrowers, not rate sheet estimates.

New Mexico Auto Loan Rate Trends Chart

Daily average rates since March 15, 2026. State data shown where available; national average used as fallback. Hover to see exact rates.

New Mexico auto loan rate averages compiled from 151 current rate quotes across 29 banks and credit unions operating in NM — updated daily.

As of Apr 22, 2026 • Data provided by MonitorBankRates.com

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Free embeddable iframe widget displaying live weekly average New Mexico auto loan rates. Updates automatically each week. Compatible with any CMS or website builder.