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. +

Edmunds editors put 50,000 miles on more than 300 U.S.-sold vehicles to determine which cars, trucks and SUVs they would tell their friends and family members to buy. +

Edmunds’s latest auto finance report finds average monthly payments passed the $750 mark in the fourth quarter, corresponding with an average amount financed in excess of $42,000. +

Americans still want to buy new vehicles, but an increasing price gap will require consumers to adjust their expectations or settle for pre-owned. +

Analysts say more than one-third of upside-down car buyers owed more than $10,000 on their prior loans in the third quarter, with 7.5% owing more than $15,000. +

Edmunds analysts fear a growing number of 84-month auto loans could indicate that new-vehicle buyers are stretching beyond their financial means. +