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 ...

Car loans have gone from the safest consumer credit products to among the riskiest over the last 15 years as delinquencies ...

Consumers are putting down less money on their new rides, but there are other ways to make up for what a down payment might have been.

When financing a new or used vehicle, making a down payment is a wise move. Putting money toward your loan up front helps build equity more quickly and results in less interest and lower payments.

New and used car loan data for the third quarter of 2025 are out, and they highlight the ongoing affordability problem in the American car market.

More Americans are trading in underwater vehicles. That does not mean the vehicles are submerged. In a sense, the drivers are ...

Being underwater on a car loan isn’t catastrophic, but it does require discipline to escape. The first step is prevention: ...

Down payments for new vehicles dropped to a nearly four-year low, but car shoppers still struggle with affordability as high monthly payments persist, Edmunds reported.

Now, you have even got students buying cars in a bid to meet their diverse commitments including school/college/tuitions, part time jobs, extra-curricular activities etc. In short, the country now has ...

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 ...