The headlines say inflation is easing and jobs remain strong, but consumers are skipping car payments. The Fed claims to be data driven. But if you’re watching behavior, not just backward-looking ...
Trump's tariffs will hit car buyers when they're already squeezed by high interest rates and high car and truck prices. Car buyers should shop and compare car loans before settling on a vehicle as one ...
Car payments can eat up a huge chunk of your monthly budget. According to Experian’s State of the Automotive Market report in late 2024, the average new car payment has ballooned to $737. Read Next: 4 ...
Consider strategies like refinancing, selling your car and asking your lender for flexibility when trying to reduce your car payment Written By Written by Staff Loans Writer, Buy Side Emily Sherman is ...
The so-called "20-4-10" rule uses three components to help you determine if a car purchase is affordable: the ideal down payment, the maximum recommended auto loan term and the share of your income ...