In the fourth quarter of 2025, 20.3% of new‑car shoppers agreed to monthly payments topping $1,000 — the highest share ever recorded.
The pitch is tempting: finance the car and get an extra $1,500 off the price. Samuel figures if he accepts the deal he can ...
The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...
Steel Horse Rides on MSN
Drivers are reporting more 'yo-yo financing' complaints after driving off the lot
Drivers are rolling off dealership lots thinking the deal is done, only to find out […] ...
Guessing Headlights on MSN
Georgia Driver Faces Financial Heartbreak After New Infiniti SUV Breaks Down and Dealer Tacks on $4,000 in Unauthorized Charges
A Georgia woman's new Infiniti SUV broke down days after purchase, leaving her with a $9,000 repair bill and over $4,000 in ...
On October 7, 2024, the Consumer Financial Protection Bureau (CFPB) released its most recent Supervisory Highlights report, which largely focuses on auto finance issues identified in examinations ...
Unfortunately, the auto market has evolved to a point where this strategy could actually backfire and cost you thousands more ...
SAN MATEO, Calif.--(BUSINESS WIRE)-- Upstart (NASDAQ: UPST), the leading AI lending marketplace, today announced the largest and most significant set of product enhancements to the In-Store and ...
Paying for a car in cash is often considered a savvy financial move. After all, skipping an auto loan and avoiding expensive monthly payments is a textbook example of disciplined money management.
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