Arkansas ranks third in the nation for car loan overspending, according to a study by WalletHub. The study found that ...

Experian explains that if you're thinking about buying a car in the near future, understanding the auto financing market can ...

According to LendingTree, the average new-car loan payment is now almost $750 per month, and that doesn't even include insurance, gas, and maintenance. Orman pointed out that owning a single car now ...

Seven-year loans made up 19.8% of all new vehicle financing by dealers in the first quarter of 2025, Edmunds reports, an all-time high. The average new-car customer borrowed $41,473 in the first ...

The average car loan length is 68 months, according to the 2024 Experian State of the Auto Finance Market report. This is slightly higher than it was the year before. Typically, auto loan terms ...

The real shocker is that consumers with upside-down car loans owe more money than ever before. On average, consumers owed $6,838 on upside-down auto loans, which is an all-time high. Worse yet ...

the average auto lease payment was $638—lower than the average monthly auto loan payment of $655. The difference between average lease payments and average auto loan payments has narrowed from a ...

A car figure on top of a calendar. The average car loan term is 68.48 months for a new car and 67.41 months for a used car, or close to six years, according to Experian data. The average length of ...

The average car loan term is 68.48 months for a new car and 67.41 months for a used car, or close to six years, according to Experian data. The average length of auto loans for new and used ...

Experian explains details around the rising average length of a car loan in the U.S., including tips to choose the right auto loan term for you. The average car loan term is 68.48 months for a new ...