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Car payments just hit a record $787 a month—and 1 in 4 new-car buyers is now signing a 7-year loan
Headline as filed by Fortune.
Compare coverage — 1 report
| Publisher | Headline | Summary | Published | Detected | Delay | Source | Status |
|---|---|---|---|---|---|---|---|
| Fortune | Car payments just hit a record $787 a month—and 1 in 4 new-car buyers is now signing a 7-year loan |
New-car payments, loan sizes and lifetime interest all set records last quarter, even with rates flat at 7%. Six-figure households are still buying. Everyone else is getting squeezed. |
0m | fortune.com | First |
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