Auto loan interest rates are up but average transaction prices are down (February 2024)
Inflation was a hot topic in the U.S. in 2022 and 2023, as everything from food to fuel rapidly became more expensive, squeezing consumers’ wallets from almost every angle. Unfortunately, the solution to rising inflation is to boost interest rates — including auto loan interest rates — which is often just as painful as the [...]read moreAuto loan interest rates are up but average transaction prices are down (February 2024)