Data from Experian shows the average monthly payment for a used car is $523, while the average cost of a new car is $735 per month. Which means buying a used car could mean spending $200 less per ...

Car buyers in the United States are facing one of the most expensive markets in recent memory, and the data is starting to show just how steep the climb has become. More than 80 percent of new car ...

Monthly car payments have quietly climbed into luxury-rent territory, with typical borrowers now sending in checks that would have seemed unthinkable a decade ago. At the same time, lenders are ...

If it feels like buying a new car now comes with a rent-sized bill every month, the numbers back you up. New data from credit reporting agency Experian shows the average monthly payment on a new ...

After her teenage son walked away from a serious crash, the Washington state paralegal needed another vehicle quickly — one ...

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 ...

The average used-vehicle borrower during the second quarter financed $1,068 less and saw a lower monthly payment than a year earlier, but paid an extra half-point in interest, according to Experian ...

The headlines say inflation is easing and jobs remain strong, but consumers are skipping car payments. The Fed claims to be data driven. But if you’re watching behavior, not just backward-looking ...

Edmunds data shows new-car loan rates have been falling, but higher vehicle prices are pushing monthly payments higher. Nathan Reiff has been writing expert articles and news about financial topics ...

The share of new-car buyers who pay $1,000 or more per month for their auto loans rose to a record 20.3% of all new vehicles financed in the fourth quarter, according to new data from car website ...

With auto financing costs climbing, car payments are increasingly comparable to paying rent—here’s what’s driving the trend. Average new car payments reached $748 monthly, with cars costing around $42 ...