- Auto Loan Rates Hit Highest Level Since 2008. 17% of consumers who financed new vehicles in Q1 2023 committed to $1,000+ monthly payments https://www.edmunds.com/industry/press/auto-loan-interest-rates-hit-highest-level-since-2008-and-drive-record-share-of-1000-monthly-payments-in-q1-according-to-edmunds.html 13 comments wallstreetbets