The average monthly payments for both new and used vehicles fell slightly in the second quarter, as indicated by early data from TransUnion. The shift was likely in part because of vehicle price ...

Nearly 20% of car buyers agreed to monthly car loan payments of $1,000 or more. A record number of car buyers are taking out 84-month loans to make their monthly payments more affordable. In metro ...

Anyone who has shopped for a car lately can tell you that price is key. That’s because consumers and drivers alike are watching their wallets as costs across the board seem to be going up, putting a ...

That's not even to mention the new car has fewer miles, and no wear and tear like a used vehicle does. All of that said, ...

Edmunds reported the number of consumers who committed to a monthly payment of $1,000 or more when financing a used or new vehicle during the third quarter continues to be high, with a new record ...

How much are you willing to spend on a new ride? According to the car shopping site Edmunds, the amount of people paying more than $1,000 monthly for a new vehicle has reached record highs. Edmunds ...

New data showing how buyers paid for their new cars in recent months has shone a spotlight on just how financially stretched many Americans are. A record one in five buyers committed to making monthly ...

The number of consumers taking on new-vehicle loans with monthly payments of $1,000 or more hit a record high last quarter, underscoring just how expensive it’s becoming to get behind the wheel. With ...

Nearly 1 in 5 new-car shoppers in Q2 2025 committed to $1,000+ monthly payments — the highest share ever recorded. Average new-vehicle loan amounts and loan terms hit new highs as buyers stretch ...