Equity research notes show that used auto finance rates staying in the 7.4% range could cap stock price appreciation for auto financing firms, unless macro data surprises positively in upcoming Fed minutes. With a post-pandemic stallout far in the rearview mirror, Carvana is finally locked into top gear. Catch up on CNBC Select's in-depth coverage of credit cards , banking and money , and follow us on TikTok , Facebook , Instagram and Twitter to stay up to date. Data from top lenders shows used auto finance rates averaging 7.5%, up 0.3% month-on-month. Equity analysts project potential easing in Q4 if inflation moderates, possibly boosting auto sales volumes and related stock performance.
