Will Interest Rates Be Lower In 2025 For Cars

Will Interest Rates Be Lower In 2025 For Cars. Auto loan rates increased through 2022 and 2023, eventually plateauing in 2024 as the fed began decreasing interest rates. Expert predictions on car loan rates in 2025.

Bank auto loan rates showed little in the way of improvement in 2024 but expect that to rev up in 2025 as the economy motors along, banks look to spur loan demand, and the fed helps by cutting. However, interest rates have started to come down recently and expert economists tell us that interest rates will continue to drop in 2025.