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Home » Auto loan rates dip, tariff-driven inflation clouds outlook (Big Wheels) 

Auto loan rates dip, tariff-driven inflation clouds outlook (Big Wheels) 

Average national rates down 29 bps YoY 

James Van BramerbyJames Van Bramer
April 9, 2025
in Big Wheels, Risk Management
Reading Time: 2 mins read
0
Used cars for sale lined up

(Photo/Canva)

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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