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Average car payment hits record $781 despite lower rates
The average new car payment has soared to a record $781 per month. Find out why rising car prices and larger loan balances ...
In the fourth quarter of 2025, 20.3% of new‑car shoppers agreed to monthly payments topping $1,000 — the highest share ever ...
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 ...
Record-high car prices coupled with high interest rates are leading to huge monthly car payments for many Americans.
Almost 30% of recent new car buyers were underwater on loans for their trade-ins, according to new data released by Edmunds.com.
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 ...
A lower sticker price doesn’t always mean lower costs, since used cars typically come with higher interest rates and repair ...
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