LendingTree finds potential savings from auto loan shopping rise 30.4% in one year
TREE•LendingTree found that auto loan shoppers could save an average $3,064 by choosing the lowest APR offered, up $715, or 30.4%, from July 2025 to July 2026.
1. Savings and APR spreads
LendingTree's study found that shoppers could save an average $3,064 over the loan term by choosing the lowest APR offered. The average lowest APR was 11.91%, compared with 15.05% for the highest offer, while monthly payments averaged $541 and $586, respectively; near-prime borrowers had the greatest potential savings, at $4,259.
