Average new-car payments are continuing their upward trend, jumping to $766 through October 2025, according to Edmunds. That's an increase of about 31% over the past five years. The increase reflects ...
More new-car shoppers are taking on seven-year loans, a trend that underscores the rising cost of financing a vehicle. Seven-year loans made up 19.8% of all new vehicle financing by dealers in the ...
Discover how to secure preapproval for a car loan, understand eligibility criteria and strengthen your negotiating position when shopping for a vehicle Written By Written by Staff Senior Editor, Buy ...
Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able to deduct interest on loans ...