A new tax credit allows qualifying buyers to deduct up to $10,000 in loan interest for vehicles assembled in the U.S. after Jan 1, 2025.
While 84-month loans are increasingly common, they significantly increase total interest paid and increase risk of negative equity (owing more than the car is worth). looking for new car to buy
Secure a loan from a local bank or credit union before visiting a dealership to establish a baseline interest rate and prevent dealership markup. A new tax credit allows qualifying buyers to
New car prices remain high due to inflation and supply constraints, often exceeding $50,000. Secure a loan from a local bank or
Focus on reliability and suitability for your lifestyle rather than trendy, unreliable, or overpriced models. 2. Research and Selection (2026 Outlook)
Scrutinize the contract for documentation fees, dealer prep fees, and market adjustment fees, which are often negotiable. 4. Key 2026 Trends to Know
Never negotiate by monthly payment. Demand the total OTD price (selling price + taxes + fees) in writing before discussing financing or trade-ins.