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Americans now owe $1.68 trillion in auto loans as of late 2025, a 37% surge from 2018. The average new car now costs over $49,000, while incomes have...
Negative equity in car loans has surged since 2020, with 31% of trade-ins now underwater by an average of $7,200. Rolling old debt into new loans crea...
The average new-car payment has hit $773, with nearly 25% of buyers opting for seven-year loans. Rising vehicle prices and longer loan terms are resha...