When Will Auto Interest Rates Go Down 2024. Smoke expects that auto loan rates could be a quarter point to half a point lower by the end of 2024 and auto loan rates would fall at least another quarter point by february. Many consumers have been eagerly asking, “when will car interest rates go down?” well, there is good news on the horizon.
As 2024 approaches, many people anticipate whether there will be a decrease in interest rates impacting auto loans. Smoke expects that auto loan rates could be a quarter point to half a point lower by the end of 2024 and auto loan rates would fall at least another quarter point by february.