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 defaults and late payments rising, auto financing is getting riskier. Learn how growing delinquency rates impact your ...
For the first time since the 1980s, car loan interest is tax-deductible under Trump's recent legislation. The deduction only ...
Another financial quarter of American car loan data is in the books, and Edmunds has published its latest analysis on what the average loans look like for new and used vehicles. Perhaps unsurprisingly ...
The new tax deduction on car loan interest is only available for tax year 2025 through tax year 2028. So, you can only use it ...
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...
Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able to deduct interest on loans ...
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 ...
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 ...
Car prices are nearing a historic milestone as the average cost of a new vehicle approaches $50,000, with buyers facing $766 ...
A recent report from the Recovery Database Network (RDN), says more than 2.5 million cars were repossessed last year, and ...