A drop in the federal interest rate indirectly affects what consumers pay, so here's what you should expect if rates go down as predicted.
3 weeks ago

The current average auto loan interest rates across all credit profiles range from 5.25% to 15.77% for new cars and 7.13% to 21.55% for used cars.
5 days ago

Auto loan interest rates remain near decades-high levels of more than 9.61% for a new vehicle and nearly 14% for a used vehicle, according to Cox...
5 days ago

The Federal Reserve cut interest rates for the first time in four years on Wednesday, which will directly impact auto loan rates — but don't expect a big...
2 weeks ago

Auto loan rates likely won't decrease this year. To put it simply, auto loan rates aren't expected to decrease measurably this year. This is primarily due to...
2 weeks ago

The Fed has cut interest rates. But our chief economist says the move could take weeks, or months, to affect car loan rates.
2 weeks ago

The Rate Design Interest Group is where public power professionals can connect to learn about various trends and topics in utility rate design.
2 weeks ago

However, continued interest rate cuts and lower vehicle prices could make a difference in 2025, analysts said. Published Sept. 27, 2024.
1 week ago

The Federal Reserve's decision to slash rates this week will have an impact on one of the biggest financed purchases Americans make: automobiles.
2 weeks ago

If you're a car dealer or a consumer, the news that the Federal Reserve cut its benchmark rate target by 0.5 points (or 50 bps) is music to your ears.
2 weeks ago