With the average price of a new car now topping $50,000, more buyers are stretching out their loan terms to lower the monthly ...

In 2021, 91.7% of households had at least one vehicle, according to the latest U.S. Census data. Yet vehicle owners are paying the price, as supply shortages and soaring dealership prices force auto ...

Car prices are still historically high and most people are financing their vehicle with auto loans. At the start of 2024, car payments averaged $735 a month for new vehicles and $523 for used vehicles ...

An old rule of thumb in car-buying, known as 20/4/10, held that you should make a 20% down payment, cap your loan at four ...

Edmunds reports that negative equity occurs when car loans exceed vehicle value, impacting many buyers; strategies exist to ...

It could be wise to consider a different lender — or a different car. Money, Getty Images It’s a challenging time to get an auto loan if you have poor credit — but don’t lose hope of buying a car just ...

Build positive equity in your car by using strategies such as making extra payments and refinancing your auto loan Written By Written by Staff Loan Writer, Buy Side Bob Haegele is a staff loan writer ...