New-Car Loans With $1,000+ Monthly Payment Hits New Record in Q2 2025
New-car financing trends hit fresh record highs in Q2 2025, as shoppers stretched their budgets to manage ongoing affordability challenges, according to analysis from Edmunds. $1,000+ monthly payments are reaching new highs: The share of new-car buyers committing to monthly payments of $1,000 or more hit an all-time high of 19.3% in Q2 2025, compared