There has been some movement in vehicle loan interest rates. Limited decreases have been observed in the interest rates offered by banks. So, how much is the repayment for a loan of 200,000 liras? Here is the latest situation on vehicle loans… The Central Bank’s interest rate cut continues to have limited impact on loans. After the interest rate cut, the slow updating of credit interest rates by banks, in contrast to quickly updating deposit interest rates, had drawn criticism. However, signs of a turnaround in vehicle loans, closely followed by those looking to buy a car, have started to emerge. Looking at the interest rates offered by banks, it was observed that the lowest interest rate on vehicle loans decreased to 3.39%. Last week, the lowest interest rate offer was around 3.45%. In most banks, interest rates range from 3.50% to 4.00%. According to Central Bank data, the interest rate average was at 47.30% in the week of January 17th, and had decreased to 39.80% by the week of January 31st. On the other hand, in the automobile and light commercial vehicle market, there was a 13.9% decrease in sales in January, with 68,654 units sold. Despite the decrease in sales, it was recorded as the second best January performance in history. Experts have expressed that interest rates could drop to the 2% range in the second half of the year. For a 200,000 lira loan at 3.59% interest and 12 months repayment, the monthly installment is 22,143 liras. The total repayment amount reaches 267,000 liras.