Data from May 2024 reveals car finance rates averaging 6.9% APR, with subprime segments exceeding 9%. Equity analysts forecast reduced retail sales growth for vehicle manufacturers. This could weigh on stock prices in automaker indexes, while captive finance arms like Toyota Financial may see stable yields amid rate stability. “The biggest thing you can do to save on car ownership costs is not to buy more car than you need,” Shivers said. “The cost difference between types of vehicles can be significant. Doing this can save money in every cost category, from insurance to taxes to fuel.” with CCU’s Car Buying Service OR as low as 4.49% APR" without Car finance rates staying near 7% this month are prompting reassessment among institutional investors. Automaker bonds offer slightly improved yields but carry risk if sales volumes dip. Sector indexes show relative weakness compared to broader markets amid these tightened lending conditions.