Rising car prices push Americans toward longer auto loans
On the Dash:
Nearly 50% of borrowers rely on auto loans longer than 72 months to manage rising vehicle costs.
Millennials and Gen X carry the largest balances, while Gen...
TSLA343.250-3.4%
GM76.7403.98%
F12.1900.67%
RIVN15.1400.45%
CYD41.2801.68%
HMC24.5001.01%
TM215.00011.34%
CVNA338.83018.61001%
PAG153.2805.11%
LAD263.2801.74%
AN196.9103.4%
GPI332.6308.67001%
ABG200.6805.54%
SAH65.9602.46%
TSLA343.250-3.4%
GM76.7403.98%
F12.1900.67%
RIVN15.1400.45%
CYD41.2801.68%
HMC24.5001.01%
TM215.00011.34%
CVNA338.83018.61001%
PAG153.2805.11%
LAD263.2801.74%
AN196.9103.4%
GPI332.6308.67001%
ABG200.6805.54%
SAH65.9602.46%
TSLA343.250-3.4%
GM76.7403.98%
F12.1900.67%
RIVN15.1400.45%
CYD41.2801.68%
HMC24.5001.01%
TM215.00011.34%
CVNA338.83018.61001%
PAG153.2805.11%
LAD263.2801.74%
AN196.9103.4%
GPI332.6308.67001%
ABG200.6805.54%
SAH65.9602.46%
auto loans
New vehicle buyers could see modest tax savings under IRS rule
On the Dash:
Buyers of new, U.S.-assembled vehicles purchased in 2025 may deduct up to $10,000 a year in auto loan interest under new IRS guidance.
Eligibility is limited by...
Tax deduction for auto loan interest could ease car affordability challenges
On the Dash:
A new 2025 tax law allows qualifying buyers to deduct up to $10,000 in annual auto loan interest.
Only new, U.S.-assembled vehicles weighing less than 14,000 pounds qualify...
Underwater car trade-ins climb to highest level since 2021
On the Dash:
About 26.6% of new car trade-ins were underwater in Q2 2025, the highest in four years.
The average negative equity on these loans was $6,754, with 23.4%...
White House pressure on Fed intensifies as Trump signals Powell’s exit
Tensions between the White House and the Federal Reserve continue to escalate as President Donald Trump sharpens his criticism of Fed Chair Jerome Powell. During a bilateral meeting on Tuesday...
Auto loan market shifts as student loan delinquencies distort subprime scores
The reactivation of student loan repayments in late 2024 is transforming the auto finance landscape, especially within the subprime credit segment. According to the Federal Reserve Bank of New York,...
Social media fuels surge in auto loan fraud, driving losses to $9.2B
Auto loan fraud surged to record levels, with scammers exploiting social media to share tactics that helped drive fraudulent loan losses up by 16% to $9.2 billion, according to a...
Fed’s interest rate cuts could revive buyer interest
The Federal Reserve announced a 0.25% cut to its benchmark interest rates, bringing the target range to 4.5-4.75%.
This marks the second interest rate cut this year, with the first...
Fed slashes interest rates, offering relief as inflation eases
The Federal Reserve announced a 50 basis point cut to its benchmark interest rate today, lowering the federal funds rate to a range of 4.75% to 5%. This is the...
Federal Reserve holds interest rates steady, impacting auto loans and dealer sentiment
Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders opted to leave the Fed benchmark rate unchanged. Following the Federal Open Market...
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