Last year, data show Americans drove away from dealerships with more than 15 million new vehicles, with roughly 80% of buyers ...

The deal isn't actually finalized. If all parties — including an unsigned cosigner — can’t agree to the terms, the dealer ...

The typical interest rate on a new car loan rose to 8.95% in March, up from 5.66% in March 2022, according to Cox Automotive. For used cars, the rate hit 11.3% last month, up from 7.7% the year ...

High loan rates mean monthly payments are soaring as well. In March, the average monthly payment for financing a new car hit $730 — the highest on record, according to Edmunds.

The U.S. House of Representatives has passed President Trump’s sweeping tax bill, nicknamed the “Big Beautiful Bill,” which includes an above-the-line deduction of up to $10,000 in car loan ...

More car owners have fallen into delinquency on their auto loan, according to February data from the New York Federal Reserve. Americans owe $1.6 trillion in auto debt, as of February, up $55 ...

That's lower than the overall loan rejection rate of nearly 22%, but it's still up from 9% just four months earlier, and it marks the highest likelihood of auto loan rejection in recent history.

Car loan defaults are on the rise, reaching an all-time high. Under the hood of this rising issue, many factors tie into the situation. First off, car prices are higher than they used to be.

When Greg Cook’s car of 12 years, a 2010 Honda Fit, up and quit on him in May 2022, he knew it would land him “between a rock and a hard place.” CNN values your feedback 1.

The Redditor explained that he has been paying $610.10 per month on his auto loan, which has a 9.92% interest rate. He has 63 months left on his loan.

It’s enough to leave any adult child fuming with frustration. You agreed to cosign a car loan for your parents with normal expectations — a limit on how much they’d spend, say $23,000, and ...