It's getting harder and harder to afford a new car for most people.
A new report from Edmunds finds car payments, interest rates, and loans are at record levels in the last quarter.
The average monthly car payment is up to 787 dollars. A year ago, it had been still high at 756 dollars.
The average amount that people have to finance is up to a new record of 44 thousand 664 dollars.
More than a quarter of Americans are now getting car loans that last more than 7 years.
The average car loans also racks up almost 10 thousand dollars in just interest payments.
On today's Ask The Expert, we're joined by The Car Pro, Jerry Reynolds in the KRLD Zoom Room.
