For a growing number of Americans, car payments are starting to look a lot like rent. By the end of 2025, 20.3% of new-car buyers were locked into monthly payments of $1,000 or more, according to new ...

Nearly 20% of car buyers agreed to monthly car loan payments of $1,000 or more. A record number of car buyers are taking out 84-month loans to make their monthly payments more affordable. In metro ...

Nearly 1 in 5 new-car shoppers in Q2 2025 committed to $1,000+ monthly payments — the highest share ever recorded. Average new-vehicle loan amounts and loan terms hit new highs as buyers stretch ...

The pandemic-era rollercoaster ride of car prices has largely stabilized here in 2025, but the result, at least for the time being, is monthly payments that would have seemed quite high less than a ...

Cars have become so expensive that many Americans are putting off or not buying new cars, hurting the auto industry. By Neal E. Boudette Buying a new car has become unaffordable for a growing number ...