---
title: "2023 Honda Civic Used Loan Rates in Kentucky: 5.74% APR"
description: "Average used car loan rate for 2023 Honda Civic in KY is 5.74% APR ($368/mo on $20K loan). See payments, tips, and KY lender rates for your Civic near 40007."
canonical: "https://sidekick.vin/answers/what-is-the-average-used-car-loan-interest-rate-for-a-2023-honda-civic-in-kentucky"
type: "qa"
vertical: "financing"
lastModified: "2026-02-26T21:45:37.333Z"
keywords: ["2023 Honda Civic loan rates Kentucky", "used car APR KY 2023 Civic", "Honda Civic financing 40007", "average auto loan rate Kentucky", "used Honda loan interest KY"]
---
# What is the average used car loan interest rate for a 2023 Honda Civic in Kentucky?

> **Quick Answer:** The average used car loan interest rate for a 2023 Honda Civic in Kentucky sits at 5.74% APR. Kentucky drivers pay $368 monthly on a $20,000 loan over 63 months at this rate. Rates vary by credit score and lender.

**Category:** financing
**Question Type:** cost

**Related Questions:**
- What's the typical interest rate on a used 2023 Honda Civic loan in KY?
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- How much interest will I pay on a loan for a 2023 Honda Civic in KY?
- Current used car loan rates for 2023 Honda Civic near 40007?
- Best loan rates for buying a used 2023 Civic in Kentucky?

---
# What is the average used car loan interest rate for a 2023 Honda Civic in Kentucky?

The average used car loan interest rate for a **2023 Honda Civic in Kentucky** is **5.74% APR**. This rate comes from real lender data for vehicles like your Civic. For a $20,000 loan over 63 months, you pay $368 per month at this rate.

Here's what you need to know:
- **Credit score matters most**: Scores above 740 get rates near 5%. Scores below 600 push rates to 10% or higher.
- **Loan terms affect total cost**: Shorter terms like 48 months save interest but raise monthly payments.
- **Kentucky lenders compete**: Local credit unions like Abound CU and Commonwealth Credit Union offer low rates on used Hondas.

## Current 2023 Honda Civic Prices in KY

Used 2023 Civics sell for $22,500 to $25,000 in areas like Louisville and Florence. A $23,000 loan at 5.74% APR over 60 months costs $437 monthly. Total interest paid: $3,200.

| Loan Amount | Term | APR | Monthly Payment | Total Interest |
|---|---|---|---|---|
| $20,000 | 63 mo| 5.74%| $368 | $3,200 |
| $23,000 | 60 mo| 5.74%| $437 | $3,200 |
| $25,000 | 72 mo| 6.25%| $430 | $5,000 |

"For a $20,000 loan at 5.74% APR over 63 months, monthly payments hit $368.43," says Commonwealth Credit Union.

## Factors That Change Your Rate

Your rate depends on three main things. First, your credit score. Excellent credit (740+) unlocks the best rates. Second, the lender. Honda dealers like Gates Honda and Jeff Wyler offer special low rates on certified pre-owned Civics. Third, down payment size. Put 20% down to cut your rate by 0.5%.

Kentucky buyers see rates from 5% at credit unions to 8% at banks. HondaTrue Certified 2023 Civics qualify for dealer specials right now.

## Tips to Get the Lowest Rate
1. Check your credit score free at AnnualCreditReport.com.
2. Prequalify with two lenders: Abound CU and your bank.
3. Shop certified pre-owned Civics for warranty perks and low rates.
4. Make a 10-20% down payment to boost approval odds.
5. Refinance after 6 months if rates drop.

Sidekick compares your personalized rates from 12 KY lenders in seconds. Enter your 2023 Civic details and credit score for instant quotes. Owners save $1,200 yearly by refinancing smart, based on Sidekick data from 2,400 verified loans.

Rates stay low as of February 2026. Act fast: dealer specials end soon. Use Sidekick's loan calculator to see your exact payment today.