Finance

What’s the Average Car Payment?

By Kelsey Mays on Fri Jun 16 05:30:25 GMT-06:00 2017


CARS.COM — The amount of your monthly car payment is a bit like the horsepower in your car: Absent more context, neither number gives the full story. That doesn't rule out comparisons, of course, and a new report gives a… Read More

What’s the Average Car Payment?

By Kelsey Mays on Fri Jun 16 05:30:25 GMT-06:00 2017

CARS.COM — The amount of your monthly car payment is a bit like the horsepower in your car: Absent more context, neither number gives the full story. That doesn't rule out comparisons, of course, and a new report gives a… Read More

Which City Has the Most Expensive Car Insurance Rates?

By Matt Schmitz on Thu Jun 01 10:30:02 GMT-06:00 2017

CARS.COM — Detroit loves cars so much, it's nicknamed the Motor City. And it's a good thing denizens of Detroit value their vehicles so much — because the cost of insuring one is the highest in the nation. Related: First-Time… Read More

What Are the Best and Worst States for Drivers?

By Matt Schmitz on Tue Dec 13 09:22:40 GMT-06:00 2016

CARS.COM — Peace out, potatoes — here comes the corn. Finance-rate aggregator Bankrate.com has again named the best (and worst) U.S. states for drivers, and Iowa has uprooted Idaho from the top spot. Researchers ranked all 50 states for their… Read More

Report: Average Payments for New, Used Cars Rise

By Kelsey Mays on Wed Sep 07 10:21:09 GMT-06:00 2016

CARS.COM — A new report from Experian Automotive says monthly payments on used-car loans in the second quarter averaged $364. That's up $3 or 0.8 percent versus the year-ago quarter, an increase commensurate with the current inflation rate. But monthly… Read More

The Basics of Buying a CPO Vehicle

By Rick Popely on Fri Sep 02 03:32:00 GMT-06:00 2016

CARS.COM — At most new-car dealerships, you will encounter certified pre-owned vehicles, which have become big business. They are a popular choice for consumers because CPO cars offer more of what many buyers crave in a used vehicle: peace of… Read More

Inside the Finance and Insurance Room

By Joe Bruzek on Fri Sep 02 03:31:00 GMT-06:00 2016

CARS.COM — If you've bought a car from a dealership, you've likely been in a finance and insurance room. Those are the rooms salespeople take you to after you've finished haggling and have settled on a price. In that room,… Read More

Pros and Cons of CPO Versus an Extended Warranty

By Rick Popely on Fri Sep 02 03:31:00 GMT-06:00 2016

CARS.COM — Most certified pre-owned vehicles come with at least one year of basic, comprehensive warranty coverage backed by the manufacturer, plus a powertrain warranty that usually stretches beyond the original time and mileage limits. Will those CPO warranties be… Read More

Pros and Cons of Buying a CPO Vehicle

By Rick Popely on Fri Sep 02 03:31:00 GMT-06:00 2016

CARS.COM — Certified pre-owned vehicles are touted as the best used cars — late-model vehicles that received plenty of TLC from the previous owner and didn't need major repairs or reconditioning to restore them to showroom condition. But despite their… Read More

Can You Afford Your Car? (Are You Sure About That?)

By Matt Schmitz on Tue Jun 28 12:48:55 GMT-06:00 2016

CARS.COM — Please understand how awkward this is for us, being in the business we're in and all. But just the same, we feel compelled to report to you the results from a new study on car costs versus median… Read More

Experian: Average New-Car Monthly Payment Hits All-Time High

By Kelsey Mays on Fri Mar 04 07:00:00 GMT-06:00 2016

CARS.COM — Experian Automotive says the average new-car payment hit $493 per month in the fourth quarter of 2015, while the average total amount financed was $29,551. Those are up $11 and $1,170, respectively, from the year-ago quarters. And Experian… Read More