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2. More drivers than ever are making $1,000+ auto loan payments

   www.aol.com/finance/more-drivers-ever-making-1...

   More Drivers Facing Four-Digit Auto Loan Payments in 2024. More than 4% of drivers are sending four-digit payments to their lenders to pay down their auto loans each month, a full percentage point ...

3. How does your current debt load compare to the average ... - AOL

   www.aol.com/finance/does-current-debt-load...

   Auto loans. The average U.S. consumer’s auto loan balance in 2023 was $23,792, Experian data shows. That's a lot of money to owe on an asset that naturally loses value over time.

4. How the Fed's rate cut will impact auto loans

   www.aol.com/finance/feds-rate-cut-impact-auto...

   Since 2022, the higher rates have pushed the average new vehicle loan payment up $108 a month to $967, a 12.5% increase, the analysts found. The analysts estimate that for every 100bps rate cut ...

5. Car finance - Wikipedia

   en.wikipedia.org/wiki/Car_finance

   Dealer financing is an option automobile dealerships offer to customers purchasing a vehicle. It is a significant source of profit for dealerships, with estimates suggesting that 78 percent of all cars are financed through this method. However, dealer financing may not always be the most advantageous option for buyers.

6. Ally Financial - Wikipedia

   en.wikipedia.org/wiki/Ally_Financial

   Ally Financial Inc. (previously known as GMAC) is a bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.

7. Hyundai Capital - Wikipedia

   en.wikipedia.org/wiki/Hyundai_Capital

   Hyundai Capital Services (Korean: 현대캐피탈) is a South Korean provider of consumer financial services ranging from auto-financing, private financing, and corporate financing. The company is a financial service unit of Hyundai Motor Group. Hyundai Capital operates in 12 countries – Korea, the U.S., the U.K., China, Germany, Canada ...