New car prices hit record highs with average monthly payments reaching $766, while used car inventory shortages offer little ...

Here's why some car buyers live by the 20% rule when purchasing a new vehicle and how you can use it to your advantage.

Having a car payment isn’t all that unusual when you think about how many people take out a loan to pay for their vehicle. But unfortunately, some people end up paying more than they anticipated for ...

SHORT ANSWER: When you’re ready to purchase your next car, calculate 10% to 15% of your take-home pay to find the payment amount you can afford. Purchasing a new vehicle is exciting. You’ll be ...

America’s most financially risky car buyers are falling behind on their loans at a speed not seen in the last thirty years.According to new data from Fitch Ratings, the number of subprime auto ...

Your monthly car payment is not only a ticket to freedom, letting you enjoy summer road trips, but also a lifeline that gets the kids to school and you to work. But if it consumes too much of your ...

Recently, I purchased a new car in order to accommodate my growing family. When I bought the car, I paid for it with money I had saved. However, I had to make a down payment before completing my ...

One of the first steps when getting a new car is making a down payment, which is why it's essential to consider how much money you're going to pay upfront on your purchase. The exact amount of your ...

As data piles in from the fourth quarter of 2021, it looks like used car buyers are handing over more money than ever on their monthly payments. Amid continued new vehicle shortages, Americans are ...

Learn why and when to get a lease buyout for your car.

This story was originally released on 3/16/2020, with the latest update coming on 5/15/2020. Continue to check back for the most up to date information. In response to the economic uncertainty fueled ...

TORONTO – Element Fleet Management Corp. says it has signed a deal to buy Car IQ, a San Francisco-based technology company. Financial terms of the agreement were not immediately available. Car ...