Dealer financing involves retailers originating loans, selling them to financial institutions, and benefiting from profit margins on interest rates.
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Americans are borrowing more than ever for vehicles -- here's how to save for your dream car
While they might seem like a good deal at the outset, the ongoing expenses of maintenance and repair make these autos ...
Auto loan delinquencies are soaring across the U.S. Find out why that means getting a car loan is becoming tougher for everyone. Auto loan delinquencies and tighter lending indicate economic ...
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 — ...
A rumor going around online stated that President Donald Trump has proposed 15-year auto loans. While not true, a 15-year auto loan wouldn’t financially be a good idea in the long run. A wild idea ...
Last month, 6.65% of subprime borrowers were at least 60 days late on their car payments. That’s the highest delinquency rate since the 1990s, according to Fitch Ratings. More people in this economy ...
On the surface, the economy looks like it’s holding up. The stock market is up, unemployment remains relatively low, and consumer spending hasn’t slowed much. But if you shift your focus to the road, ...
IRS says lenders can offer an online portal to buyers for spotting total amount of interest paid on new car loans in 2025. Borrowers who took out a car loan in 2025 will need to file a new Schedule ...
Transition relief provided by the IRS on Tuesday in Notice 2025-57 makes it easier for certain lenders to report car loan interest for vehicles that meet standards set in the new tax law and also ...
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