Unpacking How Inflation Drives Up Car Loan Interest Rates
Key Insights to Keep in Mind Although auto loan interest rates aren’t directly dictated by the Federal Reserve, its policies heavily influence lenders’ borrowing expenses. The Federal funds rate, trimmed thrice in 2024, has remained steady throughout 2025, resting currently between 4.25% and 4.5%. Despite vehicle prices stabilizing somewhat, elevated interest rates have effectively canceled… Read More »