Outside of buying a home, a car is the most expensive purchase most Americans will make in their lifetimes. Unfortunately, one particular generational group is seeing a larger increase in those ...
As we move through May 2026, the auto loan market has stabilized at elevated levels following years of Federal Reserve rate hikes, with new car averages sitting around 6.5% and used car loans ...
Over 20% of new car purchases in Q4 2025 were 84-month financing deals. Consumers are looking to lengthier auto loans to lower monthly car payments, but the combined interest costs drastically ...
The landscape of auto financing in May 2026 is defined by a divergence: while the Federal Reserve's recent decisions have pushed average rates up, some manufacturers are still offering 0% APR deals on ...
Key Points Car buyers face record-high monthly payments, with affordability pressures especially impacting younger millennials. Incentives briefly boosted sales; extended 84-month loans grew as prices ...
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