Abstract: Used car financing has changed dramatically over the past decade. Loan sizes are up, APRs are higher, and households stretch terms to keep monthly payments manageable — but at the cost of much larger lifetime obligations. This post walks through a clear 2015–2025 comparison and asks a simple “what if” question about maturities. Along the way, …
Used Car Loan Affordability Analysis 2015–2025
Bigger balances, higher rates, longer maturities — and what AI can (and can’t) add to the analysis.
