What does stretching a five-figure purchase into six-year installments say about our relationship with cars? Is it healthy? Great for finance companies, less our pockets. Have we allowed ourselves to ...
HOUSTON — With the average price of a new vehicle hitting $48,000 in 2025, more car buyers are turning to longer-term loans, but financial experts warn it could cost them more in the long run.
The average length of an auto loan in the U.S. is now 69.5 months, up nearly four full months since 2013, according to new figures from Edmunds.com. Unfortunately, money expert Clark Howard says ...
WESTLAKE VILLAGE, Calif. — The domestic automakers financing incentives earlier this year, which included zero-percent APR on 72-month loans even for subprime customers, are one factor contributing to ...
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