Trump and the GOP are now offering a tax deduction for auto loan interest. How will it work?
Over 20% of new car purchases in Q4 2025 were 84-month financing deals. Consumers are looking to lengthier auto loans to lower monthly car payments, but the combined interest costs drastically ...
New Edmunds analysis shows that more than 25 percent of new-car buyers in the United States are underwater on their car loans ...
New car prices have never been higher. The estimated average selling price in September was $50,080, according to Kelley Blue Book. Many buyers are dealing with this sticker shock by taking out longer ...
Car buyers in the United States are facing one of the most expensive markets in recent memory, and the data is starting to show just how steep the climb has become. More than 80 percent of new car ...
“We don’t have $300 monthly payments any longer in new vehicles. It’s a thing of the past.” Car buyers are running into a hard truth: new vehicles cost far more than they did just a few years ago, and ...
The Federal Reserve's recent 0.25% interest rate cut may make it cheaper for consumers to take out large loans. A lower interest rate can reduce the total amount paid on a car loan over its term, ...