Tag: affordability

Lower down payments have prompted some lenders to finance vehicles at 100% loan-to-value ratios. But one Indian automaker has taken a different ...

As consumers choose longer loan terms, even on lower amounts financed, they face higher costs over the life of the loan, prompting ...

Car buyers are facing a tough market as rising insurance costs add to vehicle ownership expenses and lenders are mindful of high loan-to-value ...

It is becoming increasingly difficult for first-time car buyers to secure financing amid higher interest rates, elevated sticker prices and ...

Independent dealers are facing a tougher inventory equation in 2026: Customers need vehicles, but affordability pressures, negative equity and longer ...

Carvana has lowered its interest rates as its profitability, sales and finance volume improve.  The Tempe, Ariz.-based retailer in the past year has ...

Dort Financial Credit Union is allowing for term extensions so consumers can afford to add back-end products such as service contracts on loans and leases as vehicle prices climb and leasing ...

Auto sales and vehicle financing trends remained uneven across the country in May as consumers grappled with affordability pressures, according ...