Getting a new ride is exciting, but be sure you know what you're getting into if you have to borrow to buy one.

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 ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Brendan is a full-time senior editor of financial products and services at ...

Review your credit report, know your credit score and, yes, freeze your credit before stepping on a car dealer's lot. Dealer-arranged financing is convenient but it will limit your options. Typically, ...

What Is No or Low Credit Financing? When buying a car, most people need financial assistance to afford the vehicle, and lenders typically assess the borrower's creditworthiness based on their credit ...

View post: Ram Can’t Build Hemi V8 Trucks Fast Enough Few people pay for a new-car purchase with a 100-percent up-front cash payment, so the two most often-used methods of getting a new car are ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. This article explores various car financing options ...

Forbes contributors publish independent expert analyses and insights. Michael Harley is a noted automotive industry expert and analyst. New vehicles, chock-full of innovative technology and premium ...