Making a sizable down payment on your vehicle can decrease the amount you need to borrow, your monthly payment and help you secure a better rate. It’s wise to aim for a down payment of at least 10 ...
Learn five strategies to reduce your car payment.
Edmunds reports that a 60-month car loan is ideal, balancing payments and interest, while longer terms lead to higher costs ...
Another financial quarter of American car loan data is in the books, and Edmunds has published its latest analysis on what the average loans look like for new and used vehicles. Perhaps unsurprisingly ...
Car shoppers are facing affordability challenges in the market for new vehicles despite average down payments dipping to nearly the lowest level in four years, according to a new report. An analysis ...
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 ...
Here's why some car buyers live by the 20% rule when purchasing a new vehicle and how you can use it to your advantage.
Zero-down payment car loan: Buying a new car is everyone's dream, but for many, finding the down payment becomes a major challenge. This is why many people postpone their car purchase plans. But now ...
Build positive equity in your car by using strategies such as making extra payments and refinancing your auto loan Written By Written by Staff Loan Writer, Buy Side Bob Haegele is a staff loan writer ...
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. In metro ...
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Fed Rate Decision December: Will Your Mortgage and Car Payment Go Up or Down?
The Federal Reserve faces a pivotal December meeting amidst conflicting economic signals. According to The Federal Open Market Committee, unprecedented market conditions and mixed economic data have ...
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