Auto Loan Rates Forecast 2024. In early 2024, new car loans with 0% apr constitute a mere 2.4% of the market, a major drop from one year prior. The exact loan terms and pricing you receive will depend on your personal financial profile.
Understanding auto loan rates in 2024 requires a keen awareness of the economic environment and how it affects lending practices. But after two years of increases, there are strong indications that auto loan rates could start to come back down in 2024 — perhaps by a substantial amount.