#CarFinancing

Just 25 years ago car buying was relatively simple, if still a headache. Unless you were after a high end luxury, sports, or collector car, all your new car choices were on the lot at your local dealership; and there were 100 pages of used car classifieds at every checkout. Or you could always bring your wallet down to Yetarian’s Premium Deluxe Motorsport and take your chances with their low, low, prices. Only a few diehards would think about having a car shipped in from somewhere or taking European delivery of their Volvo or BMW.

A recent study has revealed the cities with the most auto loan debt in the U.S.

Deciding whether to lease your car or own it outright and finance it is not easy to do. Although owning might be seen as ideal, the advantages and disadvantages should be carefully considered.

More and more car buyers are opting for stretched car loans, helping lower their monthly payments despite paying more interest over time.

According to a report released by Experian Automotive, Toyota was the most financed automaker in the third quarter of 2012.