One in Five Families Fell Behind on a Loan Last Year. The Poorest Are Giving Up Their Cars.
The Fed's new survey shows car ownership among the poorest families at a 20-year low, while lenders chase weaker credit…
car affordability
New Cars Now Average $50,562, a Measly $52 Short of the All-Time Record. Here’s What That Number Isn’t Telling You
The average new car price hit $50,562 in September, $52 below the record. Here is what Kelley Blue Book’s number…
Diesel Just Hit a Record $6.53. Before You Panic-Buy an EV, Read the Window Sticker.
Diesel hit a record $6.53 a gallon, but the lasting case for an EV is price. The EV premium fell…
Car Loan Rates Look Cheap Right Now. The Bond Market Says That Won’t Last.
Treasury yields passed 5% and the Fed hiked in September, but published car loan rates still reflect cheaper money. Here’s…
Car Payments Just Hit a September Record of $821. Prices Barely Moved. Here’s Where the Money Went.
J.D. Power says the average new-car payment hit a September-record $821. Prices rose just 0.7% and rates fell, so the…
Detroit’s Share of U.S. Car Sales Is Headed for a Record Low. Here’s What 36% Really Means.
Cox Automotive forecasts GM, Ford and Stellantis at just over 36% of third-quarter U.S. sales, the lowest on record. The…
The Service Bay Pays Your Dealer’s Bills. AutoNation Just Warned It’s Slowing Down.
AutoNation's stock fell 10.5% after a cautious investor talk. The real story is the service bay that earns half of…
Used Car Values Just Dipped for the First Time This Year. Used EVs Went the Other Way.
The Manheim index slipped 0.4% from a year ago, but wholesale EV values rose 2.3% as gas hit $4.48 and…
The Fed Hasn’t Cut Rates Once This Year. Car Loans Got Cheaper Anyway.
The Federal Reserve meets again this week to decide, for the seventh time in 2026,...
Sub-$20,000 Used Cars Are Basically an Endangered Species — Only 1 in 9 Three-Year-Olds Survives
A three-year-old Camry saved you $8,033 in 2019. It saves you $4,171 now. The real story in the iSeeCars data…
Used Cars Just Hit a Record $32,461 — and Your ‘Buy a Toyota, It Holds Value’ Advice Just Backfired
Buy a Toyota, the old advice goes. It holds its value. Three generations of car...
IIHS Just Ranked America’s Most Dangerous Cars. The Industry Already Killed Seven of Them
Look at the ten vehicles with the worst driver death rates in the Insurance Institute...
The $20,000 Used Car Didn’t Disappear. Automakers Discontinued It
Ask a dealer why a three-year-old Camry costs about what a loaded new one cost...
Used Car Prices Just Hit $27,027 Again. More Than Half of Buyers Are Already Underwater Before They Sign.
Cox Automotive says the average used vehicle listed for $27,027 in June. That’s up 6%...
The Sub-$25,000 New Car Has Nearly Vanished. Here’s the Math Behind It.
There was a time, not that long ago, when a first-time buyer with a modest...