Will Auto Loan Interest Rates Go Down In 2024

Will Auto Loan Interest Rates Go Down In 2024. The average auto loan interest rate in the second quarter of 2024 was 6.84% for a new car, according to experian’s state of the automotive finance market. We've rounded up average auto loan rates for this month, and we'll help you learn why a lower rate is better.


Will Auto Loan Interest Rates Go Down In 2024

But after two years of increases, there are strong indications that auto loan rates could start to come back down in 2024 — perhaps by a substantial amount. That “will eventually help bring auto loan rates down,” but indirectly, he explains.

Will Auto Loan Interest Rates Go Down In 2024 Images References :