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 ...
New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those ...
Learn how credit scores influence car loan interest rates in 2025.
(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 ...
(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 ...
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