Car finance apr strategists highlight that sustained

Strategists highlight that sustained car finance APR levels may cap automotive sector recovery momentum, influencing 2024 equity price targets in lender and manufacturer stocks. In a 2024 survey by KPA [2], 76% of Americans said they don't trust car dealerships to be honest about pricing, and 84% said most car dealerships lack price transparency. In 2022, American consumers filed more complaints about auto sales and repair services than any other industry, based on the Consumer Federation of America’s 2024 survey of consumer complaints [3]. The best way to get a low interest rate on an auto loan is by doing your research and preparing ahead of time to set yourself up for success. Here are some general steps to follow: Car finance APR fluctuations are aligning with broader treasury yield movements. Cross-sector correlation analysis shows negative sentiment forming in consumer cyclical equities.