The IRS has released guidance on a new deduction that allows eligible taxpayers to write off up to $10,000 in auto loan ...

KEY TAKEAWAYS Under a new tax break from the "One Big, Beautiful Bill," taxpayers will be able to deduct part of the interest ...

Aim to spend no more than 10% of your monthly take-home pay on a car payment, but you may have flexibility. This page includes information about these cards, currently unavailable on NerdWallet. The ...

Refinancing can help you get a lower monthly payment or a reduced interest rate Written By Written by Staff Loans Editor, WSJ | Buy Side Hannah Alberstadt is a Buy Side staff editor specializing in ...

Rising vehicle prices, auto loan interest rates, and insurance and maintenance costs are making it harder for people to buy ...

Melissa Dickerson never imagined she would end up with a $1,100 monthly car payment, especially for a used car. Then her son wrecked her Acura. Fortunately, he was OK. But when she went shopping for a ...

As the average price of a new car reached an all-time record high of $50,326 in December 2025, U.S. shoppers are having a ...

A debt-to-income ratio under 36% is ideal ...

There's no question that Americans love their cars. And with auto prices increasing, more of us are using some type of financing to get into the seat and out on the road. It's not just new vehicles, ...

Buying a car has become increasingly expensive: The average loan for a new car hit a record $781 in December 2025, according to Edmunds. Used car loan payments are up to $568 a month, a $14 increase ...

The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...

Student-loan forbearance offered many borrowers relief - but the resumption of payments is putting an additional strain on those with car loans Since federal student-loan repayment resumed, ...