Will Interest Rates Go Down In 2025 For Cars

Will Interest Rates Go Down In 2025 For Cars. For used cars, the average loan interest rate was 11.74%, up from 9.38% two years previously. While the fed may make some interest rate adjustments in 2025, some economists aren’t expecting much of that.

Average transaction prices have increased at a nearly exponential amount (since 2019) and interest rates for new cars are looking more like used cars even as we anticipate. New car loan rates will go down before used car loans will.