Rolling debt and seven-year loans are leaving households underwater on their car, making ownership unaffordable.

More new-car shoppers are taking on seven-year loans, a trend that underscores the rising cost of financing a vehicle. Seven-year loans made up 19.8% of all new vehicle financing by dealers in the ...

If you have a car loan, we have a math assignment for you. Find an online car value calculator. Figure out how much your vehicle is worth. Then look up your loan balance and compare that number to ...

When shopping for your next new or used car, it's wise to examine your financing options before you go to the dealership. Even if you don't plan on taking a loan for your purchase, knowing whether or ...

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 ...

There's no question that Americans love their cars. And with auto prices increasing, more of us are using some type of financing to get into the seat and out on the road. It's not just new vehicles, ...

If you are struggling to keep up with your monthly car payment, you’re not alone. Credit rating agency Fitch Ratings 1 found that 6.1% of subprime borrowers (those with a credit score between 501-600) ...

Refinancing your auto loan can save you money in interest and reduce your monthly payment, but there are risks, including becoming upside-down on your car loan Written By Written by Staff Loan Writer, ...

Forbes contributors publish independent expert analyses and insights. Michael Harley is a noted automotive industry expert and analyst. New vehicles, chock-full of innovative technology and premium ...

Taxpayers who buy a new car assembled in the U.S. may be able to deduct up to $10,000 from their taxable income beginning in 2025. To help sort out the details, the IRS is rolling out additional ...