Why are buyers opting for longer car loans despite rising prices and interest costs?

New car prices have never been higher. The estimated average selling price in September was $50,080, according to Kelley Blue ...

Cars are essential in most of the U.S. They're also increasingly unaffordable

The average new car costs $50,000. The average used car is $25,000. Insurance, repairs and maintenance are soaring. But America's car-centric habits also cost us in more subtle ways.
autoweek

Here Are the Top 10 Best-Selling Used Cars with the Biggest Price Drops

While used car prices remain well above pre-pandemic levels, they are at least dropping, with the Tesla Model 3 dropping the most. The Model 3’s 22.6% plunge was biggest, followed by the Jeep Grand ...
Fox Business

Price gap between new and used cars hits all-time high

The gap between the new and used auto markets is wider than ever, new data from Edmunds shows. The car shopping guide's latest analysis released this week found the average price difference between ...