The price of new cars and trucks in the U.S. has increased 33% since 2020, and consumers are piling on interest as they stretch out loan terms to eight, nine and nearly 10 years. David Kelleher, who ...

New data shows average new car prices topped $50,000 in December, setting a record and raising fresh affordability concerns. Average US new-car transaction price exceeded $50,000 in December, reaching ...

Consumer Reports offers tips to help drivers stay up-to-date on car payments amid rising vehicle prices, higher gas and ...

Strengthen consumer protections by requiring every car dealer to disclose the true cost of a vehicle up front. The Trump administration’s aggressive new stance on affordability seeks to address some ...

Many Americans are finding it increasingly difficult to buy a new car, so they’re getting deeper into debt. The rise in long-term auto loans points to the financial strain many new-car shoppers are ...

Car payments are becoming harder for many families to afford as the cost of groceries, housing, insurance and other bills ...