In the fourth quarter of 2025, 20.3% of new‑car shoppers agreed to monthly payments topping $1,000 — the highest share ever recorded.
Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...
When you have some extra cash, it can be tempting to knock out debt — especially if it would put an end to a large monthly obligation, like a car payment. But is it the right move? See Next: I Asked a ...
The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...
Negative equity is when you owe more on a car than the car is worth, leaving you "upside down" or "underwater" on your loan. This continues to be a growing problem, as is the amount of negative equity ...
Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able to deduct interest on loans ...
Forbes contributors publish independent expert analyses and insights. Michael Harley is a noted automotive industry expert and analyst. New vehicles, chock-full of innovative technology and premium ...
The One Big Beautiful Bill (OBBB), championed by the Trump administration, has sparked discussions primarily around its changes to Social Security taxation. However, it also includes lesser-known tax ...
Compare auto lenders that work with low credit scores, and explore strategies to improve approval odds and reduce rates Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff ...
There's no question that Americans love their cars. And with auto prices increasing, more of us are using some type of financing to get into the seat and out on the road. It's not just new vehicles, ...
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 ...