3-year-old vehicle prices near Q2 record
Prices on 3-year-old used vehicles rose to the second-highest second quarter price on record, brought on by rising new-vehicle prices ...
Tag: Edmunds
Average monthly new-vehicle loan payment hits $761 in June
Consumers are slowing purchases and auto lenders are tightening credit standards as auto loan delinquencies and monthly payments continue to ...
Hyundai, Nissan offer 0% financing deals for July 4th
Auto manufacturers are offering 0% financing and deferred payments for the Fourth of July weekend amid rising monthly payments and ...
Loans with terms longer than 84 months see uptick
The share of longer-term auto loans of 84-plus months is on the rise as consumers face tighter budgets and economic ...
Used vehicle market: Not what it used to be
The used-vehicle market isn’t what it used to be. Pandemic-induced supply chain shortages coupled with a downturn in leasing have ...
Under the Hood: The need for an auto finance reboot
Consumers are backing away from home purchases, in part because they have too much money tied up in auto loans. ...
Monthly payment pressure shows no sign of easing as APRs tick up
Monthly payments on new and used vehicles remained virtually flat sequentially in the third quarter as annual percentage rates reached ...
Consumer demand shifts to vehicles under $50K
New-vehicle average transaction prices ticked up in August after falling slightly in July as new vehicles listed over $50,000 are ...
