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

For the first time since the 1980s, car loan interest is tax-deductible under Trump's recent legislation. The deduction only ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

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2025 tax deduction allows buyers to save on auto loan interest, making car ownership more affordable for qualifying vehicles.

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

More new-car shoppers are taking on seven-year loans, a trend that underscores the rising cost of financing a vehicle. Auto loans with terms of seven years or longer made up 22% of all new vehicle ...

That does not mean the vehicles are submerged. In a sense, the drivers are. More than one in four trade-ins had negative equity in the third quarter of 2025, Edmunds reports. In auto industry parlance ...

Last month, 6.65% of subprime borrowers were at least 60 days late on their car payments. That’s the highest delinquency rate ...

Car shoppers are facing affordability challenges in the market for new vehicles despite average down payments dipping to nearly the lowest level in four years, according to a new report. An analysis ...