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New data shows average monthly car payments are nearing $750
Average monthly car payments are now brushing up against $750, turning what used to be a manageable line item into one of the most punishing pieces of the household budget. The shift is not just about ...
To keep financing affordable in the face of rising costs, banks have leaned into longer loan terms. The average for a new car is now nearly 70 months (just under six years), suggesting that 72-month ...
The pandemic-era rollercoaster ride of car prices has largely stabilized here in 2025, but the result, at least for the time ...
Edmunds reports that a 60-month car loan is ideal, balancing payments and interest, while longer terms lead to higher costs ...
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Kiss your fun money goodbye: The average car payment is now a second rent for Americans
Car prices have largely stabilized by 2025, following the turbulent fluctuations experienced during the pandemic. However, ...
If you’re in the market for a new car but can’t pay cash and don’t want to lease, the only other option for you (aside from ...
The average car loan length is 68 months, according to the 2024 Experian State of the Auto Finance Market report. This is slightly higher than it was the year before. Typically, auto loan terms are 48 ...
Your credit score is one of the most important factors lenders look at when deciding how much interest to charge on your auto loan. Avoid unpleasant surprises by finding out your score before you ...
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 ...
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