Record-high vehicle prices have dominated the headlines in the last couple of years; however, the price listed on the window sticker isn’t the only one that demands attention right now. Not only do ...
A lower sticker price doesn’t always mean lower costs, since used cars typically come with higher interest rates and repair ...
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 ...
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A new report shows used car loans are getting riskier
Used cars were supposed to be the budget option. Instead, the financing behind them is […] ...
The percentage of new car buyers opting for longer auto loans is increasing. The downside of lower monthly payments: ...
New car financing is available for under 4% APR for borrowers with high credit scores Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for ...
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, ...
While new-car financing and delivery still might have remained out of reach for some consumers, the newest used-car financing data from Edmunds released on Tuesday showed some changes in average down ...
Used-vehicle financing set a pair of records during the fourth quarter, according to data compiled and shared by Edmunds. Edmunds reported on Wednesday that down payments in Q4 jumped $201 ...
Finding the best place to buy a used car can seem overwhelming. Knowing the pros and cons of each can help. Many, or all, of the products featured on this page are from our advertising partners who ...
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