Chris Jennings is formally a writer and editor with more than seven years of experience in the personal finance and mortgage space. He enjoys simplifying complex mortgage topics for first-time ...

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 ...

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 ...

I’m going to save you time from walking into the dealership, looking goofy, and pooping your pants when they tell you the ...

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 ...

SHORT ANSWER: When you’re ready to purchase your next car, calculate 10% to 15% of your take-home pay to find the payment amount you can afford. Purchasing a new vehicle is exciting. You’ll be ...

When financing a new or used vehicle, making a down payment is a wise move. Putting money toward your loan up front helps build equity more quickly and results in less interest and lower payments.