Car prices are nearing a historic milestone as the average cost of a new vehicle approaches $50,000, with buyers facing $766 ...

Edmunds used to recommend consumers spend no more than 15 percent of take-home pay on a new-vehicle payment. But the concept of affordability is more complex these days, said Jessica Caldwell, ...

More car-buyers used seven-year loans to finance new vehicles in the first quarter as they continued to struggle with affordability, according to a recently released report. Edmunds said last week ...

Buying a new car has never been more financially daunting. A 2025 analysis from Edmunds found that a record 19.3% of consumers who financed a new vehicle in the second quarter of 2025 committed to a ...

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Edmunds reported the number of consumers who committed to a monthly payment of $1,000 or more when financing a used or new vehicle during the third quarter continues to be high, with a new record ...

Used-vehicle financing set a pair of records during the fourth quarter, according to data compiled and shared by Edmunds. Edmunds reported on Wednesday that down payments in Q4 jumped $201 ...

FILE - A long line of unsold 2024 pickup trucks sit on display at Ford dealership Thursday, Nov. 28, 2024, in southeast Denver. (AP Photo/David Zalubowski, File ...