With inflation moderating to 3.2%, car loan APR offers are becoming competitive. Analysts applying a car finance calculator are factoring in higher vehicle sales, enhancing sector valuation targets. Yang discussed how unaffordable car payments are a problem alongside increasing vehicle expenses, like car insurance. His advice for becoming part of the top 10% was to not spend more than 10% of your pre-tax monthly income on the loan payment, maintenance and insurance combined. "Insurance premiums can vary significantly based on the car's make, model and safety features," Black said. The S&P Auto Finance Index climbed 2.4% this week. Market strategists combining loan payment modeling from a car finance calculator with fundamental analysis project sustained price action.