Analysts suggest that if vehicle finance rates stabilize in H2 2024, beaten-down automotive equities could see a relief rally, with upside potential of 8–12%. Learn More: 7 Reasons You Should Switch To an Electric Vehicle in Retirement Where appropriate, we awarded partial points depending on how well a lender met each criterion. Note that these rankings only comprise lenders that offer direct lending to consumers; companies that partner with multiple lenders or offer a lending marketplace were not included. Short interest in automotive lending firms has ticked up 12% this month, as traders bet that elevated vehicle finance rates will slow Q4 loan book growth.
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