Consumer News The Average Car Payment Is At A Record High
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The Average New Car Payment Has Reached Almost $750 a Month, New Data Shows
The pandemic-era rollercoaster ride of car prices has largely stabilized here in 2025, but the result, at least for the time being, is monthly payments that would have seemed quite high less than a ... Read More
Sticker shock pushes shoppers out of new-car market as affordability crisis deepens
New car prices hit record highs with average monthly payments reaching $766, while used car inventory shortages offer little relief for struggling buyers. Read More
Car Payments Hit Records — A Growing Pressure Point In Client Budgets
A $1,000 monthly car payment used to be a rarity, the kind of number you'd only see on a high-end luxury model. Fast-forward to today, and the average new car costs more than $50,000. The payments ... Read More
Car prices climb as manufacturers pass Trump-era tariff costs to consumers
New car prices are climbing into record territory as automakers quietly shift more of their costs onto buyers. The latest round of Trump-era auto tariffs is now filtering through factory budgets and ... Read More
Late car payments hit record among subprime borrowers
Americans with lower credit scores are falling behind on their car payments at the highest level in decades. A record 6.65 percent of subprime auto loans were at least 60 days past due in October, the ... Read More
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