In this video, we explore the current state of the car market as we approach the end of 2024, highlighting key factors that ...

One in five car buyers in the second quarter agreed to a $1,000-a-month car loan payment and increasingly more are taking out ...

Once considered rare, $1,000 car payments are fast becoming the new normal. Last quarter, nearly one in five new car buyers ...

Auto loan pre-approval demonstrates to dealers that you're a serious car shopper and helps you avoid overpaying on financing, ...

Cairde Credit Union is excited to announce its fantastic Car Loan Special Rate available exclusively for the month of June 2025. Members can now borrow €10,000 or more at just 6.99% (7.2% APR) – a ...

With the Fed's benchmark holding steady, the average rate on a five-year new car loan was 7.3% in May, near a record high, while the average auto loan rate for used cars was 11%, according to Edmunds.

However, the auto loan interest deduction starts to lose value when a taxpayer's annual income exceeds $100,000. The threshold is $200,000 in the case of a joint tax return filed by married couples.

To put that into real numbers for you, the average home equity loan interest rate is 8.41%, almost three times lower than the average credit card interest rate of 23.37%.