Auto loan originations hit a record in Q2, but so did delinquencies
On the Dash:
Auto loan originations hit a nominal record of $211 billion in Q2 2026, New York Fed data shows
Serious auto loan delinquency reached its highest level since...
TSLA356.765-6.0949%
GM86.190-1.74%
F13.810-0.6%
RIVN16.825-0.1454%
CYD38.710-1.17%
HMC32.680-0.685%
TM194.375-2.975%
CVNA71.5601.655%
PAG217.9101.04%
LAD372.2601.53%
AN198.520-0.97%
GPI260.330-1.52%
ABG213.480-1.33%
SAH76.200-1.25%
TSLA356.765-6.0949%
GM86.190-1.74%
F13.810-0.6%
RIVN16.825-0.1454%
CYD38.710-1.17%
HMC32.680-0.685%
TM194.375-2.975%
CVNA71.5601.655%
PAG217.9101.04%
LAD372.2601.53%
AN198.520-0.97%
GPI260.330-1.52%
ABG213.480-1.33%
SAH76.200-1.25%
TSLA356.765-6.0949%
GM86.190-1.74%
F13.810-0.6%
RIVN16.825-0.1454%
CYD38.710-1.17%
HMC32.680-0.685%
TM194.375-2.975%
CVNA71.5601.655%
PAG217.9101.04%
LAD372.2601.53%
AN198.520-0.97%
GPI260.330-1.52%
ABG213.480-1.33%
SAH76.200-1.25%
auto loans
Fed holds interest rates steady as high borrowing costs continue to squeeze car buyers
On the Dash:
Higher interest rates continue to limit affordability and shrink the pool of new-vehicle buyers, with Cox Automotive data showing more than 3 in 10 dealers already citing...
Fed holds rates steady, dealers brace for possible hike later this year
On the Dash:
Fed holds rates at 3.5% to 3.75%, scraps March forecast for a 2026 rate cut
9 of 18 Fed officials now expect a rate hike before year...
Auto loan payments top $1,000 for nearly 1 in 5 borrowers
On the Dash:
Nearly 1 in 5 new vehicle loans now carries a monthly payment of $1,000 or more, according to Experian.
More than a third of new vehicle loan...
Auto loan delinquencies hold near 3% as borrower stress eases
On the Dash:
Auto loan balances newly entering serious delinquency held at 2.97% in Q1 2026.
Borrowers aged 18 to 29 posted the highest serious delinquency rates across all loan...
Fed holds rates steady, squeezing used-car buyers
On the Dash:
Used-car buyers face the greatest strain as high interest rates persist, with no incentives to offset costs.
Rising gas prices disproportionately impact lower-income households, compounding affordability challenges.
...
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...
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%...
Latest Articles
