It’s a historically bad time to buy a car. Prices are still expensive, and high borrowing costs are increasing average monthly payments — a problem set to continue as the Federal Reserve keeps rates higher for longer. Yet people are still purchasing vehicles. But before we get into all that…
Used-Car Prices Fall in April as Rising Interest Rates Start to Erode Sales - Bloomberg
Auto Loans Piling Up With More Buyers $10,000 Underwater - Bloomberg
Higher Car Prices, Fed Rates, UAW Strikes Aren't Stopping Buyers - Bloomberg
Japan's Bull Market Is Still Charging Ahead of BOJ Interest Rates Move - Bloomberg
Bad Credit? Car Loans You Can't Afford Make Millions for Wall Street
Rate Cliff Awaits Global Economy After Higher-for-Longer Plateau - Bloomberg
Why it may be smart to pay off your car loan early
Used-car dealers face a pipeline problem in wake of pandemic cuts
Should I Buy a Car Now? How to Navigate High Interest Rates - Bloomberg