New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those ...
Average car loan interest rates for excellent credit start at 5.50% for new cars and 6.90% for used cars, based on factors ...
Another financial quarter of American car loan data is in the books, and Edmunds has published its latest analysis on what the average loans look like for new and used vehicles. Perhaps unsurprisingly ...
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to reporting requirements.
Last year, data show Americans drove away from dealerships with more than 15 million new vehicles, with roughly 80% of buyers reportedly relying on financing to purchase. So far in 2025, average car ...
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 ...
With defaults and late payments rising, auto financing is getting riskier. Learn how growing delinquency rates impact your ...
(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 ...
Learn why and when to get a lease buyout for your car.
American households carry $1.66 trillion in auto loan balances collectively as of Q3 2025, according to the Federal Reserve Bank of New York (1). While there may be many different reasons that justify ...