Auto loan rates dip, tariff-driven inflation clouds outlook (Big Wheels)
Average national rates down 29 bps YoY
Auto loan interest rates for both new and used vehicles declined year over year in March, but rising inflation, partly driven by tariffs, may limit the potential for further relief. The national average interest rate for a 60-month new-vehicle loan was 7.74% as of March 18, down 29 basis points (bps) compared with Feb. 20, […]
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