Will Car Loan Interest Rates Go Down In 2024. Based on your credit score, income, and other. List of car loan interest rate for all banks.

The average auto loan interest rate in the first quarter of 2024 was 6.73% for new vehicles and 11.91% for used vehicles,. The latest consumer price index (cpi) report for march has thrown cold water on any hopes of a decrease in car loan interest rates for the remainder of 2024.