Credit scores for consumers purchasing a vehicle have dropped to near pre-recession levels, according to Experian Automotive.

The average credit score for financing a new vehicle dropped six points to 760 and dropped four points to 659 for used vehicles, according to 1Q12 results. In 1Q08, credit scores were at an average of 753 for new vehicles and 653 for used, according to Experian’s quarterly automotive credit analysis.

Interest rates were lower year-over-year, and loan terms were longer last quarter. The average interest rates on new-vehicle loans dropped to 4.56%, down from 4.83% in 1Q11. For used-vehicle loans, the average for 1Q12 was 9.02%, down from 9.08% the previous year. The average loan terms also increased, extending by one month for new and used vehicles to a total of 64 and 59 months, respectively.

The analysis also showed an increase in the average amount financed. The average amount financed on new vehicles rose $589 in 1Q12, reaching $25,995. For used vehicles, the average amount financed increased $411 to $17,050.