U.S. says $1 billion-plus saved by buyers since the new year, tallies lifetime savings versus gas-powered ownership.

Prices down as inventory, incentives head in the other direction.

Supply backlog of 2023 vehicles nearly at prepandemic level.

Credit access varied depending on vehicle, lender type, Cox says.

Compared to millennial cohort a decade ago, they’re tapping credit more and have higher delinquency rates, report found.

Borrowers seeking to buy vehicles despite affordability issues were the top culprits last year as newer methods increase.

Less than 1% say they collect a digital copy, validate and compare against DMV records.

March loosening is second month in a row of eased access.

What auto retailers and lenders can do to help consumers get into a car loan they can afford.

But average payments increased for both new and used models.