New-vehicle affordability improved slightly month over month and year over year, according to the Cox Automotive/Moody's Analytics Vehicle Affordability Index.
10 months ago

As recently as a few months ago, 1 in 5 car purchases were all cash. And while high prices and high rates aren't denting sales — Cox Automotive projects 2024 to...
2 months ago

ORLANDO, FL. (Sept. 5, 2024) – This year's Your Driving Cost (YDC) study reveals that the total cost to own and operate a new vehicle is $12297 or.
1 month ago

A drop in the federal interest rate indirectly affects what consumers pay, so here's what you should expect if rates go down as predicted.
3 weeks ago

A chart depicting the monthly car loan rate in the United States reveals a substantial increase over time since early 2022.
1 month ago

The current average auto loan interest rates across all credit profiles range from 5.25% to 15.77% for new cars and 7.13% to 21.55% for used cars.
1 week ago

Rates will likely drop slightly for those with healthy credit, predicts Bankrate Chief Financial Analyst Greg McBride, CFA.
9 months ago

Auto loan interest rates remain near decades-high levels of more than 9.61% for a new vehicle and nearly 14% for a used vehicle, according to Cox...
1 week ago

We put vehicles under the microscope, then give them a report card so you can find the best one for you. Here's a full explanation of our methods.
4 months ago

We're looking at a nearly 28.5% hike in monthly payments on new cars and trucks in just four years, thanks to higher prices and higher loan rates.
1 month ago