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. Some dealers ...

The biggest downside of an 84-month loan is the total interest you pay. Lenders typically charge a higher APR for long loans, but even if the interest rate matches a shorter-term loan, stretching ...

8.6% of Americans with auto loans are paying $1,000 or more per month, and 40.3% of those loans were originated in 2024. High car payments are most common in Texas, Nevada, Georgia, and California.

Cars are mighty expensive these days, so it shouldn't come as too much of a surprise to learn that just about one-in-five new-car buyers are slapping down at least $1,000 a month for their auto loans.

If it feels like your car is eating more of your paycheck than ever, you’re not imagining it — car ownership costs are rising faster than inflation. Bankrate’s latest Hidden Cost of Car Ownership ...

How much car can I afford? As if car shopping weren't challenging enough already, figuring out how much to spend on a car is a moving target even among financial experts. Some believe that, all ...

Even with amortization periods as long as seven years, car payments are eating up a bigger chunk of household budgets ...

HOUSTON — If your monthly car payment feels sky-high, you’re not alone — especially in Texas. A new analysis from LendingTree reveals that nearly 1 in 8 Texas auto loan holders are paying $1,000 or ...

Student-loan forbearance offered many borrowers relief - but the resumption of payments is putting an additional strain on those with car loans Since federal student-loan repayment resumed, ...

Car buyers nationally set a record in the second quarter as more opted for whoppingly long-term loans and monthly car payments that rivaled some monthly home mortgage bills. According to ...