New-Model Affordability Improves in March

Still worse year-over-year, since prices and loan rates are elevated.

New-Vehicle Purchase Impact Breaks Records

Consumers paying more and more as interest rates stretch costs to new highs.

Payment Gap Between New and Used Hits All-Time High in Q2, Experian Reports

SCHAUMBURG, Ill. — Experian Automotive reported today that the gap between the average monthly payments for new and used vehicles during the second quarter reached a record $122 — the largest margin since Experian began publicly reporting auto finance data in 2008. According to the firm, the average monthly payment for a new vehicle was ... Read More »

Experian: Average Loan Terms Stretch to Record High