Car finance: What is the court case about and what does it mean for me? - The ruling will have much wider ramifications for the industry and could mean millions of motorists are due compensation ...

Seven-year car loans hit 22.4% of new vehicle financing as average prices near $50,000, forcing buyers into risky extended terms that cost thousands more.

The plan on car loans is the latest in a long string of potential tax cuts the former US president has floated recently.