Getting a new ride is exciting, but be sure you know what you're getting into if you have to borrow to buy one.

Learn how financing a car works and discover how this type of borrowing can help you afford the vehicle of your dreams.

Capital One offers vehicle refinancing as well as new and used vehicle financing Written By Written by Staff Loan Writer, Buy Side Bob Haegele is a staff loan writer at Buy Side covering auto loans, ...

Review your credit report, know your credit score and, yes, freeze your credit before stepping on a car dealer's lot. Dealer-arranged financing is convenient but it will limit your options. Typically, ...

Ally offers refinancing and lease buyouts as well as new and used vehicle financing Written By Written by Staff Loan Writer, Buy Side Bob Haegele is a staff loan writer at Buy Side covering auto loans ...

When you refinance your car loan, you get a new loan and use it to pay off the old debt. Refinancing your car loan might result in benefits like a lower interest rate or a smaller payment. You might ...

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 ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Brendan is a full-time senior editor of financial products and services at ...

More new-car shoppers are taking on seven-year loans, a trend that underscores the rising cost of financing a vehicle. Auto loans with terms of seven years or longer made up 22% of all new vehicle ...