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 ...
Seven-year car loans now account for 22.4% of all new vehicle financing - a record that signals just how broken car affordability has become. Monthly payments hitting $1,000 shouldn’t be normal, yet ...
In 2025, the landscape of car loans has shifted significantly, with average loan terms extending to seven years. This trend ...
More new-car shoppers are taking on seven-year loans, a trend that underscores the rising cost of financing a vehicle. Seven-year loans made up 19.8% of all new vehicle financing by dealers in the ...
More borrowers fell significantly behind on their car payments last month — and experts say the resumption of student-loan payments could be a contributing factor. Car loans delinquent by at least 60 ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...