New car loan interest deduction lets buyers write off up to $10,000—but the real winners may be automakers, not middle-class ...

When Ami drove her newly purchased used car off the lot, she thought she was set. Instead, she ended up with a blown engine, a $30,000 loan and a $6,000 warranty that won’t pay up — and now she’s ...

Paying off your car early can potentially save money.

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 ...

Discover how to secure preapproval for a car loan, understand eligibility criteria and strengthen your negotiating position when shopping for a vehicle Written By Written by Staff Senior Editor, Buy ...

Defaulting on a car loan can lead to late fees, a dip in your credit, legal action and even vehicle repossession. Many, or all, of the products featured on this page are from our advertising partners ...

Your car loan term is the length of time you have to repay the loan. The average car loan term is close to six years, but a wide range of terms are available. Many, or all, of the products featured on ...