Record-high car prices coupled with high interest rates are leading to huge monthly car payments for many Americans.

Government shutdowns can be stressful and confusing. What happens to car payments? We'll explain.

Car payments can eat up a huge chunk of your monthly budget. According to Experian’s State of the Automotive Market report in late 2024, the average new car payment has ballooned to $737. Read Next: 4 ...

The right time to refinance depends on your financial situation and goals Written By Written by Staff Loans Editor, WSJ | Buy Side Hannah Alberstadt is a Buy Side staff editor specializing in loans.

Paying off your loan faster using strategies like refinancing and making extra principal payments can help you save money on interest and free up room in your budget Written By Written by Staff Loans ...

8.6% of Americans with auto loans are paying $1,000 or more per month, and 40.3% of those loans were originated in 2024. High car payments are most common in Texas, Nevada, Georgia, and California.

Making a sizable down payment on your vehicle can decrease the amount you need to borrow, your monthly payment and help you secure a better rate. It’s wise to aim for a down payment of at least 10 ...

Once considered rare, $1,000 car payments are fast becoming the new normal. Last quarter, nearly one in five new car buyers who financed their purchases took on monthly payments of $1,000 or more — a ...

The share of new-car buyers who pay $1,000 or more per month for their auto loans rose to a record 20.3% of all new vehicles financed in the fourth quarter, according to new data from car website ...