Learn five strategies to reduce your car payment.

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 ...

Refinancing your car loan might save you money and lower your monthly payments Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy ...

New car prices have reached record numbers in 2025. Average monthly car payments have also increased, but you can reduce payments using "20% rule". Auto loan interest can cost car buyers thousands of ...

When the Fed announces a rate cut, it feels like the kind of headline that should instantly make life cheaper. Lower rates? That must mean a lower car payment, right? Not so fast. This is one of the ...

Average car loan interest rates range from 5.18% to 21.58%, based on factors such as your credit score, type of car and whether you’re buying a new or used car. In June 2025, the average car loan ...

New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those who applied for auto loans in October 2025, 15.2% — or more than 1 in 10 — ...