Tag: loan terms

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

Navy Federal Credit Union has extended used-vehicle financing terms to 84 months and lowered auto loan interest rates in the past week as the overall cost of ...

Average loan terms declined in the second quarter on new and used vehicles as consumers turned to shorter terms to ...

Loan terms are shortening, leasing is making a return and market share is trending back toward normal breakdowns as interest ...

Used-car prices have shot up 33% in the past three years, but even looming price declines will likely do little ...

The share of consumers paying more than $1,000 per month for new vehicles reached a record high in the first ...

New- and used-vehicle loan amounts continued to grow year over year but ticked down on a sequential basis in the ...

New-vehicle prices have never been higher, and that doesn’t bode well for lengthening loan terms.   Average transaction prices for new ...