Car Financing Interest Rates 2024. While it’s challenging to predict exactly what will happen with auto loan rates in 2024, several experts project that rates will likely remain the same or continue to rise rather. As you explore car financing options, it's important to weigh the variety of interest rates and terms available across multiple credit unions.
Term lengths range from 36 to 60. You may also find that new car dealers offer financing incentives or extremely low rates to attract business, which can make your loan much cheaper in the long run.