The percentage of new car buyers opting for longer auto loans is increasing. The downside of lower monthly payments: ...

Car payments can eat up a huge chunk of your monthly budget. According to Experian’s State of the Automotive Market report in late 2024, the average new car payment has ballooned to $737. Read Next: 4 ...

Consider strategies like refinancing, selling your car and asking your lender for flexibility when trying to reduce your car payment Written By Written by Staff Loans Writer, Buy Side Emily Sherman is ...