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 ...
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to reporting requirements.
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 ...
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 ...
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 ...
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 ...