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Fed Rate Move Could Change Your Car Payment Less Than You Think, Here’s Where Buyers Can Save More

Fed Rate Move Could Change Your Car Payment Less Than You Think, Here’s Where Buyers Can Save More

Published 1 month ago
Description

The Federal Reserve just moved interest rates by a quarter of a percentage point, and if you’re thinking about buying a car, you might be wondering how much that’s actually going to cost you. Is a quarter-point increase enough to change your plans, or are there other parts of the car deal that can have a much bigger impact on your wallet?

David Finkelstein is our car expert, and he’s here to help us put that interest-rate move into real dollars and cents.

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