financing
9 pieces tagged financing.
Fed Signals First Rate Cut in Two Years for July
The Federal Reserve just telegraphed a likely rate cut next month, which could finally bring auto loan rates down from their current stratosphere.
Nissan Is Chasing Subprime Borrowers Again and That's Your Problem
Nissan just loosened credit standards and is approving buyers with scores below 580, signaling desperation that could flood the used market soon.
How Much Car You Can Afford: The Real Formula First-Time Buyers Need
Most first-time buyers overestimate what they can afford by 30 percent or more because dealers use payment math, not total cost math.
Stellantis Just Launched Zero Percent Financing Across Most Models
Jeep, Ram, and Chrysler dealers are now offering 0% APR for up to 72 months as inventory piles up and sales lag.
How to Refinance Your Auto Loan: The Full Process From Application to Funded
Auto loan refinancing can save you thousands, but the process has traps. Here's exactly what documents you need, how credit pulls work, and when to walk away.
Lease vs Buy: 2026 Honda CR-V
Buy the 2026 CR-V if you plan to keep it past 60 months—your per-mile cost drops to 41 cents by year eight versus perpetual lease payments.
Debt-to-income ratio (DTI), explained
Your debt-to-income ratio shows lenders what percentage of your monthly income goes toward debt payments including your proposed car loan.
GAP insurance, explained
GAP insurance covers the difference between what you owe and what your insurer pays if your car is totaled.
Fed Cuts Rates Again: Your Auto Loan Just Got Cheaper
The Federal Reserve dropped rates another quarter point this week, pushing average new car loan rates below 6% for the first time since early 2023.