For a growing number of Americans, car payments are starting to look a lot like rent. By the end of 2025, 20.3% of new-car buyers were locked into monthly payments of $1,000 or more, according to new ...
(CNN) — Melissa Dickerson never imagined she would end up with a $1,100 monthly car payment, especially for a used car. Then her son wrecked her Acura. Fortunately, he was OK. But when she went ...
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 ...
Early 2026 data shows that new car financing hit all-time highs in terms of monthly payments and total MSRP pricing.
Take Marcus, a 40-year-old who recently made his final $700 monthly car payment. For the first time in years, he is no longer carrying auto debt or paying interest on a car loan. Thanks to Jeff Bezos, ...
Melissa Dickerson never imagined she would end up with a $1,100 monthly car payment, especially for a used car. Then her son wrecked her Acura. Fortunately, he was OK. But when she went shopping for a ...