Auto Loan Rates 2025. With 2025 shortly upon us, the auto lending industry will be defined by lowered interest rates, increased refinancing demand and enhanced technological capabilities through ai integration. While the federal reserve’s rate cut is a positive sign, auto loan rates may not drop significantly until later in 2024 or early 2025.
New car loans could see average rates climbing to 6% or more by 2025. 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.