Kelley Blue Book reports the average transaction price for a U.S.-sold new vehicle exceeded $50,000 for the first time in September despite increased incentive spending. +

Edmunds reports the average amount owed on upside-down car loans reached a new record of $6,905 in the third quarter as more new car buyers traded in vehicles burdened by negative equity. +

Edmunds’s Q3 auto finance report shows the average down payment for a new vehicle fell to $6,020 while $1,000-plus monthly payments, loan terms and interest rates remain high. +

Edmunds reports more than one in four Americans who secured an auto loan in the second quarter were underwater on their current vehicle, with a historically high average balance of $6,754. +

The latest quarterly report from Edmunds finds car buyers set new records for $1,000-plus monthly payments, 84-month terms and average amount financed, all on smaller down payments. +

Kerri Wise has joined Lotlinx as chief marketing officer, bringing 25 years of industry experience to the inventory management solutions provider as it grows and leans into AI and machine learning technology. +

Cox Automotive and Kelley Blue Book report March was a good month for new vehicle affordability as sales surged, income growth improved and transaction prices and payments declined. +

Edmunds analysts say 84-month loans accounted for 19.8% of U.S. new vehicle financing in the first quarter of 2025, an all-time high and a 25.3% increase from the year-ago quarter. +

Edmunds analysts tell Reuters that Tesla vehicles accounted for 1.4% of all vehicles traded in at U.S. dealerships from Jan. 1 to March 15, up a full percentage point from March of 2024, as the EV maker faces declining sales and stock values. +

Edmunds reports the U.S. auto finance market demonstrated stability in the face of uncertainty in February, with modest increases in loan cost, amounts financed, payments and terms. +