There is a movement in vehicle loan interest rates. A limited drop has been observed in the credit interest rates offered by banks. So, how much will be the repayment of a 200 thousand lira loan? Here is the latest situation with vehicle loans… The Central Bank’s interest rate cut is still having limited impacts on loans. After updating deposit interest rates rapidly following the interest rate cut, banks have faced criticism for lagging behind in adjusting credit interest rates. Signs of decline have started to emerge in vehicle loans, which those who want to buy cars closely follow. When looking at the interest rates of banks, it is observed that the lowest interest rate in vehicle loans has dropped to 3.39%. Last week, the lowest interest rate offer was around 3.45%. In most banks, interest rates are fluctuating between 3.50% and 4.00%. According to the data of the Central Bank, the average interest rate was 47.30% in the week of January 17 and dropped to 39.80% in the week of January 31. On the other hand, in the automobile and light commercial vehicle market, there was a 13.9% decrease with sales of 68,654 units in January. Despite the decline in sales, the second-best performance for January was recorded in history. Experts suggest that interest rates could drop to the 2% level in the second half of the year. For a 200 thousand lira loan with an interest rate of 3.59% and a 12-month repayment period, the monthly installment amounts to 22,143 lira. The total repayment reaches 267 thousand lira.