Buying a car has become increasingly expensive: The average loan for a new car hit a record $781 in December 2025, according to Edmunds. Used car loan payments are up to $568 a month, a $14 increase ...
The headlines say inflation is easing and jobs remain strong, but consumers are skipping car payments. The Fed claims to be data driven. But if you’re watching behavior, not just backward-looking ...
Monthly car payments have quietly climbed into luxury-rent territory, with typical borrowers now sending in checks that would have seemed unthinkable a decade ago. At the same time, lenders are ...
A car is one of the largest purchases you'll ever make. It's easily a five- (and sometimes a six-digit) purchase that could take you days, weeks, even months to properly research to ensure you get the ...
8.6% of Americans with auto loans are paying $1,000 or more per month, and 40.3% of those loans were originated in 2024. High car payments are most common in Texas, Nevada, Georgia, and California.
About one in five new-car buyers paid $1,000 or more per month for auto loans in the fourth quarter of 2025, according to data from the car website Edmunds. If your car payment is too high, it can ...
Paying off your loan faster using strategies like refinancing and making extra principal payments can help you save money on interest and free up room in your budget Written By Written by Staff Loans ...
Trump's tariffs will hit car buyers when they're already squeezed by high interest rates and high car and truck prices. Car buyers should shop and compare car loans before settling on a vehicle as one ...