Averil Ondrea

Will Interest Rates Go Down In 2025 For Cars. Bank auto loan rates showed little in the way of improvement in 2024 but expect that to rev up in 2025 as the economy motors along, banks look to spur loan demand, and the fed helps by cutting. It’s likely that the new year will arrive before used car loan rates fall significantly.

But many people may have to wait until 2025 for even better car deals and auto loan rates to surface. Learn about all of the economic factors that will influence car loan rates this year, and when the best time to secure a new car loan.