If you have a car loan, we have a math assignment for you. Find an online car value calculator. Figure out how much your vehicle is worth. Then look up your loan balance and compare that number to ...
CheapInsurance.com reports that a car is a total loss when repair costs exceed its actual cash value. It outlines options and coverage details.
Taking a loan is a major financial decision, whether it’s for buying a home, car, or funding education. Before signing any agreement, it’s crucial to understand how your EMI (Equated Monthly ...
Car prices are still historically high and most people are financing their vehicle with auto loans. At the start of 2024, car payments averaged $735 a month for new vehicles and $523 for used vehicles ...
Discover the most competitive auto loan rates available in 2025, understand how to qualify and choose the best lender for your financing needs Written By Written by Staff Senior Editor, Buy Side ...
More new-car shoppers are taking on seven-year loans, a trend that underscores the rising cost of financing a vehicle. Seven-year loans made up 19.8% of all new vehicle financing by dealers in the ...
More car buyers are finding themselves in a tough spot financially. According to a recent report from Edmunds, more than 26% of new-vehicle trade-ins in the second quarter of 2025 had negative equity ...
Imagine Mike, a 34-year-old graphic designer from suburban Detroit. In 2018, he financed a used 2012 Toyota Camry with a $15,000 loan. A few years later, after experiencing layoffs, addiction issues, ...