With the average price of a new car now topping $50,000, more buyers are stretching out their loan terms to lower the monthly ...

Edmunds reports that negative equity occurs when car loans exceed vehicle value, impacting many buyers; strategies exist to ...

Negotiation doesn't have to be painful if you follow these tips. Treat a car purchase like any serious financial transaction: Do your research, make an appointment and do not purchase on the day you ...

Tax cuts are the centerpiece of a massive legislative package championed by President Trump and passed Tuesday by Senate Republicans. Many new tax breaks in the bill — on auto loans, tips and overtime ...

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the new tax deduction for paying interest on vehicle ...

While the “No Tax on Tips” provision in President Donald Trump’s One Big Beautiful Bill Act has been making headlines for its tax deductions on tips and overtime, there are plenty of other write-offs ...

More Americans are trading in underwater vehicles. That does not mean the vehicles are submerged. In a sense, the drivers are. More than one in four trade-ins had negative equity in the third quarter ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

Buying a car with cash can save you money—but you shouldn’t tell the salesperson what you’re up to right away. But that’s also why about 38% of car buyers bought their vehicles with cash. Cash offers ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...