Even affordable new and used cars are relatively expensive. While the best way to purchase a car is to pay for it in one lump sum, going this route is often not possible for many shoppers. To make the ...
In the fourth quarter of 2025, 20.3% of new‑car shoppers agreed to monthly payments topping $1,000 — the highest share ever ...
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 ...
The budget reconciliation bill, now signed into law, reintroduced an auto loan interest deduction and ended the electric vehicle (EV) tax credit. Many, or all, of the products featured on this page ...
Your car loan term is the length of time you have to repay the loan. The average car loan term is close to six years, but a wide range of terms are available. Many, or all, of the products featured on ...
New car prices have reached record numbers in 2025. Average monthly car payments have also increased, but you can reduce payments using "20% rule". Auto loan interest can cost car buyers thousands of ...
Auto refinance rates start below 4% for qualified borrowers Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side. Edited By ...
Prices for new or used cars may have fallen in the past year, but the overall cost of owning a vehicle is growing even more expensive. That's because extra costs associated with having a car, like ...
Paying for a car in cash is often considered a savvy financial move. After all, skipping an auto loan and avoiding expensive monthly payments is a textbook example of disciplined money management.