In 2024, US buyers had a choice of three cars priced under $20,000. Now, there are none. Data on car-buying costs released Monday show how much the loss of cheaper models can hurt customers: New car ...
A perfect storm of increasing vehicle prices, long loan terms, high financing rates and large payments is hurting vehicle affordability. The average amount financed for an auto loan is increasing, ...
The “No Tax on Car Loan Interest” provision allows anyone who’s purchased a car from 2025 on to deduct the interest paid on the loan when they file their taxes. There are a few stipulations before you ...
The cost of car repairs in America is increasing due to several industry factors. Soon, the cost of buying a used and new car could skyrocket because of some of the same factors. Car repair costs are ...
The share of new-car buyers who pay $1,000 or more per month for their auto loans rose to a record 20.3% of all new vehicles financed in the fourth quarter, according to new data from car website ...