Are Car Loan Rates Going To Go Down In 2024 In India

Are Car Loan Rates Going To Go Down In 2024 In India. Average car loan interest rates by credit score. The latest consumer price index (cpi) report for march has thrown cold water on any hopes of a decrease in car loan interest rates for the remainder of 2024.

In india, car loans come with low interest rates and can be repaid over up to 8 years. New car prices in march 2024 were still over 15 percent higher than they were in march 2021, according to kelley blue book.