Caribou reports that refinancing car loans can save an average of $150 monthly, helping Americans reduce other high-interest ...
The average financed new-vehicle purchase rose to an all-time high of $44,156 in the second quarter, and payments are sapping ...
US car payments have reached an all-time high of $777 per month, with 20% of new car buyers facing $1,000+ monthly payments.
For a growing number of Americans, car payments are starting to look a lot like rent. By the end of 2025, 20.3% of new-car buyers were locked into monthly payments of $1,000 or more, according to new ...
Nearly 20% of car buyers agreed to monthly car loan payments of $1,000 or more. A record number of car buyers are taking out 84-month loans to make their monthly payments more affordable. In metro ...
Caribou's Q1 2026 Auto Refinance Trends Report reveals EV owners, long-term borrowers, and Millennials are leading the way on savings DENVER--(BUSINESS WIRE)--Faced with mounting financial pressure ...
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 ...
Nearly 1 in 5 new-car shoppers in Q2 2025 committed to $1,000+ monthly payments — the highest share ever recorded. Average new-vehicle loan amounts and loan terms hit new highs as buyers stretch ...
From heated seats on a subscription to over‑the‑air upgrades, automakers are testing how much drivers will pay for features they already thought they owned.
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Average new car payments hit a record $770 per month as auto loan debt nationwide surged to $1.685 trillion, surpassing student loan balances.