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Last quarter, nearly one in five new car buyers who financed their purchases took on monthly payments of $1,000 or more — a ...
New data showing how buyers paid for their new cars in recent months has shone a spotlight on just how financially stretched ...
New car loans now average $42,113, with 18.9% of borrowers paying $1,000 monthly or more. Average loan terms stretched to 68.8 months as down payments fell to $6,856 last quarter. Used car loans ...
W hen we covered 1,000-horsepower cars you could buy back in 2020, ... Besides this, the Model X Plaid has a 149-mph top ...
Soaring interest rates have pushed monthly payments for financed new cars to an all-time high, according to Edmunds. The share of borrowers with payments over $1,000 jumped to 17.5%, the highest ...