Getting a new ride is exciting, but be sure you know what you're getting into if you have to borrow to buy one.

Auto loans can be a huge expense — the average American with a new car paid $748 per month, while the owner of a used car ...

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Learn how financing a car works and discover how this type of borrowing can help you afford the vehicle of your dreams.

The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...

What Is No or Low Credit Financing? When buying a car, most people need financial assistance to afford the vehicle, and lenders typically assess the borrower's creditworthiness based on their credit ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. This article explores various car financing options ...