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However, there are ways for buyers to get a car loan with no down payment. In 2021, 91.7% of households had at least one vehicle, according to the latest U.S. Census data.
Consumers are taking on longer, more expensive, auto loan terms to try and cope with historically high auto loan interest rates when purchasing a new car. Skip to main content Get Our Newsletter ...
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GOBankingRates on MSNHow To Get a Car Loan: What You Need To QualifyIf you're in the market for a vehicle, chances are you'll need to take out a loan to pay for it. Knowing how to get a car loan can help you find the best rate. You'll walk into the dealership ...
Four-year auto loans used to be standard. ... an all-time high. The average new-car customer borrowed $41,473 in the first three months of 2025, ... A big risk, with a seven-year car loan, ...
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