Consumer News The Average Car Payment Is At A Record High
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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 $1,000 as buyers stretch loans to seven years
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 ... Read More
New-Car Prices Hit Record High
Consumers are facing higher costs in the new-car market, leading many to delay purchases or turn to used vehicles, according to auto industry experts. Data from Edmunds show that in October, the ... Read More
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