Will Car Loan Interest Rates Go Down In 2025. Auto loan rates are also expected to decline a little in 2025. By the end of 2025, the rates on some car loans could be approximately two percentage points lower, he said.
The federal reserve left interest rates unchanged wednesday amid uncertainty over when borrowing costs for loans, credit cards and auto financing might ease in 2025. Average interest rates on new car loans (7.1%) and used car loans (10.8%) as of december were each down about half a percentage point from where they were.