Why the Fed's rate cut won't immediately help car buyers or sales

Auto loan interest rates remain near decades-high levels of more than 9.61% for a new vehicle and nearly 14% for a used vehicle, according to Cox Automotive.

Oct 1, 2024 - 07:00
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Why the Fed's rate cut won't immediately help car buyers or sales
Auto loan interest rates remain near decades-high levels of more than 9.61% for a new vehicle and nearly 14% for a used vehicle, according to Cox Automotive.