We are about to buy a new car, should we wait a bit to see whether auto loan rates go down? Thanks!
Will Today’s Fed Rate Cut Lower Auto Loan Interest Rates?
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We are about to buy a new car, should we wait a bit to see whether auto loan rates go down? Thanks!
Yes banks “usually” follow the fed rate
We are about to buy a new car, should we wait a bit to see whether auto loan rates go down? Thanks!
The short answer, is retail rates should edge downward in the next couple months. But the difference in a half point apr on an auto loan is probably less than you think it is, on your payment.
There are many auto loan options available today. Today, stiff competition among auto loan financing companiesfinance option. You can apply for online car loans on the Internet, or get it from your car dealer.