This fall, the typical new car broke the $50,000 barrier; ‘We don’t have 300-dollar monthly payments any longer.’ ...
New car loan interest deduction lets buyers write off up to $10,000—but the real winners may be automakers, not middle-class ...
The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...
Why a 100-month auto loan might be a bad idea, according to experts - ‘Eight years and four months of debt in exchange for ...
Car loan interest rates in December remain competitive, with public-sector banks offering some of the lowest starting rates.
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 IT’S A DOUBLE WHAMMY. PRICES HAVE ...
Learn five strategies to reduce your car payment.
Edmunds reports that a 60-month car loan is ideal, balancing payments and interest, while longer terms lead to higher costs and negative equity risks.
Discover when and how to refinance a car loan after 60 to 90 days, the factors to weigh, and how waiting can benefit your financial goals.