Will Auto Loan Interest Rates Go Down In 2024 In Usa. 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 be at least another quarter point by february. The next question on a car shopper’s mind:

Car shoppers can plan their. A key driver in the 2024 car market is the elevated interest rates, now hovering around 10% for new cars and exceeding 14% for used vehicles.