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 ...
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How long should a car loan be?
Edmunds reports that a 60-month car loan is ideal, balancing payments and interest, while longer terms lead to higher costs and negative equity risks.
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 ...
Learn five strategies to reduce your car payment.
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 ...
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 ...
As car buyers face mounting affordability pressures, a significant shift is occurring in the automotive financing landscape. Increasingly, consumers are committing to monthly car payments exceeding $1 ...
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Need to finance a car? Learn what you're signing up for first
Getting a new ride is exciting, but be sure you know what you're getting into if you have to borrow to buy one.
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