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2. 7 Key Signs That Your Monthly Car Payment Will Break ... - AOL

   www.aol.com/7-key-signs-monthly-car-160050930.html

   Loan Payments Exceed 15% of Your Monthly Income. While developing a perfect formula is difficult, many experts suggest that your car loan payments shouldn’t exceed 15% of your monthly take-home pay.

3. More Than 40% of Americans Have Car Payments: Here’s ... - AOL

   www.aol.com/more-40-americans-car-payments...

   More recently, the average monthly payment for a new vehicle is $729, while the average payment for a used car is $528. These monthly car payments don’t factor in the other expenses associated ...

4. 4 Ways To Stay Ahead on Your Car Payments - AOL

   www.aol.com/finance/4-ways-stay-ahead-car...

   If your monthly car payment seems overwhelming, higher interest rates and vehicle prices may have contributed to your financial strain. Edmunds reported record-high payments in the last quarter of ...

5. 7 Things You Must Do When Your Car Payment Exceeds $535 ... - AOL

   www.aol.com/7-things-must-car-payment-190046893.html

   If possible, try to keep your car payment to a maximum of 10% to 15% of your monthly take-home pay. The U.S. Census Bureau found that the real median household income after taxes is around $64,240 ...

6. 7 Ways to Lower Your Car Payment: Refinance, Trade in, Pay Extra

   www.aol.com/7-ways-lower-car-payment-140047110.html

   For example, if you put a $5,000 down payment on a $25,000 car with 7% sales tax and a 4.5% APR, you’ll end up with a $405 monthly car payment on a $20,000 loan.

7. Can’t Afford Your Car Payment Anymore? 9 Things You ... - AOL

   www.aol.com/finance/t-afford-car-payment-anymore...

   A 2023 report from Moody’s Investors Service indicates that new auto loan delinquencies are on the rise. In the second quarter of 2023, the delinquency rate for new auto loans climbed to 7.3% ...