Lorri Rebekah

Will Interest Rates Go Down In 2024 For Cars. While market predictions are bullish on the funds rate — and by extension, auto loan rates — finally coming back. But what was clear is that unusually there’s no common consensus as to when used car prices will go down.

In early 2023, average rates for new and used vehicles were 6.58 percent and. While market predictions are bullish on the funds rate — and by extension, auto loan rates — finally coming back.