By The Epoch Times | Created at 2026-05-29 17:56:49 | Updated at 2026-06-07 08:56:15
1 week ago
A lot at a Ford dealership in Austin, Texas, on April 18, 2025. Brandon Bell/Getty Images
Monthly payments on new cars are still rising, and a growing share of buyers are now starting their bills with four digits.
Nearly 19 percent of new-vehicle loans carried monthly payments of $1,000 or more in the first quarter of 2026, Experian said on Thursday in a review of more than 5 million open auto loans and leases.
