đđž The Fed just slashed rates by a surprising 0.5%! This could be a game-changer for car buyers. With rates now at 4.75%-5%, borrowing costs for auto loans might drop.
- 62% of car shoppers were waiting for lower rates. Will this nudge them to buy?
- Younger buyers (under 44) are more likely to jump in, with 72% saying the cut affects their timing.
- EV shoppers are especially keen, with 74% saying it impacts their decision.
Could this be the break youâve been waiting for? Share your thoughts below! đ #Economy #CarBuying #FedRateCut