Brai is the founder of SW4 Insights, a public policy advisory firm based in Washington D.C. He has over a decade of experience as a journalist and consultant covering finance and economic policy, with ...
Auto loans are a type of installment loan that split a car purchase into monthly payments over a period of years, which can make a new or used car more affordable. Auto loan terms typically run from ...
Here's a calculator that can help you determine your monthly loan payment on your next car. When you obtain a car loan, your monthly payment depends on the length of the loan, your interest rate, and ...
Andrea Riquier is a former Staff Writer at Forbes Advisor. She is a New York-based writer covering mortgages and the housing market. She was previously at Dow Jones MarketWatch, on the housing market ...
A payment calculator seems like it is technology offered and used by everyone today. Plug in a few numbers, and out pops a monthly payment. Simple, right? Unfortunately, this illusion of simplicity is ...
Buying a vehicle, especially a brand-new model, is one of the biggest financial commitments customers can make today. With the average price of a new vehicle hitting $44,467 in November 2024, auto ...
It’s tempting to sign the dotted line on a 72-month or 84-month auto loan when you see the monthly payment plummet into a much more reasonable range. Going from 60 months to 84 months on a $35,000 car ...
Big changes are coming to the electric vehicle tax credit in 2023. The Inflation Reduction Act, signed into law by President Joe Biden this summer, renews a tax credit of up to $7,500 for new EVs ...
If you’ve had sticker shock when you’ve priced new and used cars, you’re not alone. Cars, trucks, and SUVs are more expensive than ever. About 85% of new car buyers take out auto loans to pay for ...
Aim to spend no more than 10% of your monthly take-home pay on a car payment, but you may have flexibility. Many, or all, of the products featured on this page are from our advertising partners who ...