Finance rates used cars year-to-date data shows finance rates

Year-to-date data shows finance rates used cars have climbed steadily in tandem with Fed rate hikes, weighing on automotive sector equities. This trend remains a key watchpoint for technical traders monitoring breakout levels. On Tuesday, the Estero-based car rental giant announced the launch of a fully online car-buying capability at HertzCarSales.com . While we adhere to strict editorial integrity , this post may contain references to products from our partners. Here's an explanation for how we make money . Our Bankrate promise is to ensure everything we publish is objective, accurate and trustworthy. Finance rates used cars surged in May as Treasury yields climbed, squeezing affordability for buyers. This shift could ripple into auto finance companies’ stock valuations, with market strategists warning of increased delinquency rates in loan portfolios.