New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those ...

With the average price of a new car now topping $50,000, more buyers are stretching out their loan terms to lower the monthly payment.

The average car loan term is 68.48 months for a new car and 67.41 months for a used car, or close to six years, according to Experian data. The average length of auto loans for new and used vehicles ...

Buying a car is a big financial commitment, and how you finance it can significantly affect your long-term budget. Whether you purchase a new or used vehicle, the terms of your auto loan play a key ...

Shopping for a new car is exciting, but taking out a loan to pay for it can be overwhelming in the long run if you’re not prepared. Auto loan terms, interest rates, and lender practices change every ...

A lease buyout loan allows you to purchase the vehicle you are leasing. If you want to buy out your lease, you can purchase ...