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One in five car buyers in the second quarter agreed to a $1,000-a-month car loan payment and increasingly more are taking out ...
LendingClub provides auto loan refinancing with up to two pre-qualified offers. NerdWallet's auto loans content, including articles, reviews and recommendations, is produced by a team of writers ...
Chatzky discusses some of these issues with Edelman Financial Engines wealth planner Andy Smith. Chatzky explains her ...
Finance a luxury car without derailing your budget. Use smart loan strategies, maximize the down payment, and shop for the best rate Q: My colleague showed up the other day with her partner’s new car.
A lot of car companies are offering substantial rebates if you lease an electric vehicle. I’ve never leased a car before and would probably want to buy it out as soon as possible after signing the ...
Fed holds interest rates steady: What that means for your credit cards, auto loans, mortgage and more By Jessica Dickler, CNBC • Published June 18, 2025 • Updated on June 18, 2025 at 2:51 pm ...
With the Fed's benchmark holding steady, the average rate on a five-year new car loan was 7.3% in May, near a record high, while the average auto loan rate for used cars was 11%, according to Edmunds.
A provision in the GOP’s sweeping budget bill would allow car buyers to deduct up to $10,000 in auto loan interest on their taxes. The deduction comes with a few big caveats, including that it ...
The auto loan interest deduction that recently passed the House is designed, at least in part, to mitigate the impact of tariff-induced price increases on vehicles assembled in America. But the ...
Hialeah ranked among top 5 U.S. cities where auto loan debt is increasing: Report A new study shows the leading cities where auto loan debt is rising the most and experiencing the smallest increase.
A new car costs almost $48,759, while the average price of a used car is $26,446. Many consumers simply don’t have the cash to buy a car upfront. That’s where a personal loan comes in.
Interest rates are also making it more expensive to buy a car. In May 2025, the average interest rate for a new car loan for someone with a credit score of 750 or higher was 11.38%.