Will Interest Rates Go Down In 2024 For Cars. Can these historical auto loan rates tell us when auto loan rates will down again? Car loan interest rates 2024.

Kelley blue book data shows that the average transaction price (atp) for new cars held steady at $48,644 in. There is a possibility that auto finance rates will start to drop in the next year — here’s what that means for car buyers, lenders and the auto industry.