CR studied cumulative maintenance and repair costs over the first 5 and 10 years of car ownership by brand. The results hold ...

When determining how much your car payment should be, it’s important to consider not just your monthly income, but also your overall financial situation. If you have other major financial ...

CoPilot compiled a list of five essential costs to consider, in addition to upfront costs, when thinking about leasing a car.

The average monthly car payment for new cars is $734, while used cars had a slightly lower payment of $525. (Experian) 41.81 percent of vehicles financed in the second quarter of 2024 were new ...

monthly payments and the duration of your loan. It'll also start you off with positive equity in your vehicle, which is useful since a car's value can depreciate as much as 20% in its first year.

8. **Improved Cash Flow**: Without a monthly car payment, your monthly expenses decrease, freeing up cash flow for other ...