Car sales have been steadily rising and the entry-level crossovers are the hottest segment, according to new data from Experian Automotive.
The average amount Americans are financing for a new car loan as well as their average monthly payment have hit all-time highs.
People age 65+ are 34% more likely to lose money in a scam than someone in their 40s.
Americans are leasing cars and taking out new car loans at a record pace, according to the latest data from Experian Automotive.
More can loans are getting approved than ever since the recession.
Seniors are often a target for identity theft. They tend to be less digitally aware, they trust more easily and are more civic- and family-minded.
Hackers have stolen the personal information of 15 million in a data breach of Experian.
The gap between the monthly payments for new and used cars is at the widest level on record, according to Experian Automotive.
Car loans for consumers with the worst credit, so-called subprime and deep subprime, have fallen to its lowest share of auto loans overall since 2012.
Car shoppers who opt to buy an alternative fuel car are more likely to use cash to make their purchase than those buying traditional cars.