New car down payments hit 4-year low as buyers struggle with affordability challenges

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New car down payments hit 4-year low as buyers struggle with affordability challenges

foxbusiness.com/economy/new-car-down-payments-hit-4-year-low-buyers-struggle-affordability

Car shoppers are facing affordability challenges in the market for new vehicles despite average down payments dipping to nearly the lowest level in four years, according to a new report.
An analysis by Edmunds found that the average down payment for new car purchases fell to $6,020 in…

This story appeared on foxbusiness.com, 2025-10-01 14:55:54.