Will Car Rates Go Down In 2024 In India. Cox automotive notes that despite a decline in mortgage rates, auto loan rates have actually increased slightly in september. 9, 2024, banks in india are offering interest rates on new car loans as low as 8.50% and as high as 14.10%.

All about new cars in india under one roof. A key driver in the 2024 car market is the elevated interest rates, now hovering around 10% for new cars and exceeding 14% for used vehicles.