August 5, 2025One Minute Reads: Are Auto Loan Rates Going Down?

It’s a question a lot of people are asking right now, and the honest answer is: no one can say for sure. 

Auto loan rates change with the market and economic conditions, which means they can go up, down, or stay the same depending on a wide range of factors. But here’s something you can control: where you get your auto loan. 

At PEFCU, we offer competitive rates on new auto loans and refinancing options—so whether you’re buying a vehicle or looking to lower your current monthly payment, we’ve got you covered. 

Refinancing your current auto loan from another lender could help you: 

• Get a lower rate 
• Reduce your monthly payment 
• Pay off your loan faster 

And the best part? You can apply online in just a few minutes. 

So instead of waiting for rates to drop, take action with one you can count on—PEFCU. 

Apply for an auto loan today.