Average car loan interest rates for excellent credit start at 5.50% for new cars and 6.90% for used cars, based on factors such as your credit score, type of car and whether you’re buying a new or ...

New car financing is available for under 4% APR for borrowers with high credit scores Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for ...

The Federal Reserve's recent 0.25% interest rate cut may make it cheaper for consumers to take out large loans. A lower interest rate can reduce the total amount paid on a car loan over its term, ...

Will car buyers ever get a break? The answer seems to be yes, just not immediately. Going into the end of the year, loan rates are likely to stay elevated while deals become a little harder to come by ...

Jeanine Skowronski is an editor, writer, and journalist with more than 15 years of experience in personal finance and business, including roles at Bankrate, CreditCards.com, and Policygenius. Her work ...

New car prices have never been higher. The estimated average selling price in September was $50,080, according to Kelley Blue Book. Many buyers are dealing with this sticker shock by taking out longer ...

With the federal EV tax credit now a thing of the past, sluggish new car sales in November, and the holiday season in full ...

Edmunds reports that a 60-month car loan is ideal, balancing payments and interest, while longer terms lead to higher costs and negative equity risks.

Learn how the current index value impacts variable-rate loans, affecting interest rates with indexed rates and margins. Essential for market-related financial decisions.