Americans are getting locked into decade-long car loans as new vehicle prices skyrocket

Strong Bullish 100.0
The average monthly payment for a new car hit about $760 in November, as the typical new-vehicle price surged past the $50,000 mark this fall.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.