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BUYING A CAR HAS GOTTEN VERY EXPENSIVE WITH STUDIES SHOWING NEARLY 1 IN 5 CAR BUYERS WHO TAKE A LOAN END UP WITH PAYMENTS OVER $1,000 A MONTH. A LOT OF MONEY, AND ITS A DOUBLE WHAMMY. PRICES HAVE RISEN, BUT SO HAVE AUTO LOAN RATES. SO NOW THAT THE FED IS CUTTING RATES, WILL CAR LOANS ALSO START FALLING? WELL, EXPERTS SAY DONT EXPECT A BIG CHANGE IN RATES ANYTIME SOON. BUT THERE COULD BE SOME SMALL DROPS OVER THE NEXT YEAR. THATS BECAUSE OF THE FEDS RATE CUTS. BUT YOU SEE CAR LOAN INTEREST RATES ARE BASED ON MORE THAN JUST THAT, ACCORDING TO CREDIT SITES, WHICH IS OWNED BY OUR PARENT COMPANY, HEARST. EVEN IF THE FED CONTINUES TO CUT RATES, THATS JUST KIND OF ONE FACTOR. IT DOES HELP EASE UP LENDING CONDITIONS. THERES USUALLY A LITTLE BIT MORE APPETITE TO LEND, BUT ON THE OTHER SIDE OF THAT, YOU HAVE TO HAVE AUTO LENDERS THAT FEEL CONFIDENT ABOUT THE TYPES OF LOANS THAT THEYRE MAKING, THAT THEY ARE SEEING, YOU KNOW, GOOD CREDIT WORTHINESS. THEYRE NOT SEEING A LOT OF WRITE OFFS IN THEIR CURRENT BOOK OF BUSINESS. SO I DID SOME LOOKING AROUND TODAY FOR NEW CARS RATES GENERALLY ARE RUNNING FROM THE HIGH 4% RANGE TO AROUND 7% AND CHANGE, WHILE FOR USED CARS RATES ARE A BIT HIGHER, THEYRE MORE IN THE 7 TO 9% RANGE AND UP. ITS ALL BASED, OF COURSE, ON YOUR CREDIT. THE GOOD NEWS FOR CAR SHOPPERS THE MARKET HAS SLOWED OUT THERE. AND SO IF THERES A LOT OF INVENTORY FOR A CERTAIN MODEL YOURE LOOKING AT, YOU MAY BE ABLE TO FIND A PROMOTIONAL RATE FROM THE MANUFACTURER THAT IS