Auto Loan Rates 2024 Reddit Usa

Auto Loan Rates 2024 Reddit Usa. Here's what you need to know about a fed rate cut. Low apr car loans, those with an apr under 3%, now represent 10.4% of the market.

The federal reserve went big with a 50 basis point cut, but will it make a difference to americans? The average auto loan interest rates across all credit profiles range from 5.64% to 14.78% for new cars and 7.66% to 21.55% for used cars.