What’s the Rule of Thumb for Car Buying — Is It 3x Your Income? Here’s What Experts Say

Buying a car is an enormous financial decision and can cause some sticker shock. Indeed, Kelley Blue Book noted that the average cost of new cars is now more than $47,000 -- up a whopping $6,000 ... Read More

Average American Household Debt in 2023: Facts and Figures

That's a record high. According to Experian, average total consumer household debt in 2023 ... as of the third quarter of 2023. The average car payment for both new and used vehicles has ... Read More

Consumer Reports: 4 of 5 least expensive car brands to maintain are American

Car ownership costs can go far beyond what consumers pay for a vehicle. A key question is whether customers can afford the drip, drip, drip of maintenance and repairs as their vehicle gets older. Read More

Why car insurance costs are rising at the fastest rate in 47 years

Car insurance rates are rising faster than in the last 47 years, and its due to all kinds of reasons including more claims and expensive parts among others ... Read More

Auto loan delinquency rising in Washington. What to do when you’re behind on car payments

The country saw a massive increase in auto loan delinquency in the second half of 2023. How bad is it in Washington? Read More

How to Avoid a Big Car Payment

If you literally have no savings, the last thing you should do is go out and get a big car payment. Get a good used car “now” and save up for “later.” If this means taking out a small loan so you can ... Read More

Cars.com 2024 Affordability Report Lists Best New Car Values By Segment

Cars.com says its comprehensive, data-driven report is a resource for cost-conscious car shoppers that offers insights into consumer ... news is there is inventory available and an increasing number ... Read More

Car payments crushing you? Here's how to get out of a car loan you can't afford

A layoff, illness, unexpected repair or other financial hardship could easily cause you to be unable to afford your car payments ... high-quality service journalism and comprehensive consumer ... Read More

Cheapest car insurance after a DUI in April 2024

American Family’s rates are average among the companies we evaluated, but competitive product offerings and high ... consumer complaints. Second lowest rates for drivers with a DUI on their record. Read More

Secret to cheaper car insurance could be to check your credit score before renewal is due

While a high credit score doesn’t guarantee drivers will be offered cheaper car insurance rates, shaping up and improving their credit score might bring down the price of their premiums a little. Read More

The best auto repair loans in 2024: Funds to fix your car

Finding it tough to pay for unexpected auto repairs? Discover your options including bad credit auto repair loans. Read More