Auto loans are a good way to gauge the health of an economy. When the economy is healthy, interest rates are low, and ...

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

Last month, 6.65% of subprime borrowers were at least 60 days late on their car payments. That’s the highest delinquency rate since the 1990s, according to Fitch Ratings.

For first-time car buyers, one of the most daunting parts of negotiating a good deal right now is interest rates. The average auto loan rate for someone with excellent credit is 5.25%, according to ...

The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...

A recent report from the Recovery Database Network (RDN), says more than 2.5 million cars were repossessed last year, and ...

The lowest car loan rates in mid-November are largely offered by PSBs. Union Bank of India and Punjab National Bank are ...