New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those ...
New car financing is available for under 4% APR for borrowers with high credit scores Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for ...
With defaults and late payments rising, auto financing is getting riskier. Learn how growing delinquency rates impact your ...
Nearly 1 in 5 new-car shoppers in Q2 2025 committed to $1,000+ monthly payments — the highest share ever recorded. Average new-vehicle loan amounts and loan terms hit new highs as buyers stretch ...
(NewsNation) — Once considered rare, $1,000 car payments are fast becoming the new normal. Last quarter, nearly one in five new car buyers who financed their purchases took on monthly payments of ...
Car buyers financed an average of $42,388 for new vehicles last quarter Consumers also opted for longer loan terms and put less money down The average new-vehicle APR was 7.2 percent Once considered ...
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