For a growing number of Americans, car payments are starting to look a lot like rent. By the end of 2025, 20.3% of new-car buyers were locked into monthly payments of $1,000 or more, according to new ...

Americans are stretching car loans longer than ever just to keep monthly payments manageable. According to recent reports, ...

Fitch Trading says more borrowers with lower credit scores are slipping behind on their car payments, with 60-day delinquencies now at record highs. For many families with already tight budgets, it's ...

Car buyers in the United States are facing one of the most expensive markets in recent memory, and the data is starting to show just how steep the climb has become. More than 80 percent of new car ...

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. Some dealers ...

The first auto-finance number to know less than a week into 2026 might be $1,000. That’s because of the record number of consumers who took delivery of used and new cars during the fourth quarter with ...

Edmunds reported the number of consumers who committed to a monthly payment of $1,000 or more when financing a used or new vehicle during the third quarter continues to be high, with a new record ...

With auto financing costs climbing, car payments are increasingly comparable to paying rent—here’s what’s driving the trend. Average new car payments reached $748 monthly, with cars costing around $42 ...