Interest Rates Going Up Or Down In 2025 For Cars. But our chief economist says the move could take weeks, or months, to affect car loan rates. The fed has cut interest rates.
Two interest rate cuts in late 2024 eased borrowing pressures but the average new car price remains stubbornly high,” says david greene, cars.com analyst. The federal reserve’s monetary policy continues to play a pivotal role in determining the cost of borrowing for auto loans.