The average monthly payment for new cars sat between $700 and $800 in the third quarter of 2025, according to Experian . Used cars had a smaller range, from around $500 to a little over $550.The average cost of full coverage car insurance is about $225 per month for full coverage and $68 per month for minimum coverage.Banks are the most common choice for financing new and used auto loans (31.30%), but credit unions (23.72%) and captive financing (18.98%) follow shortly behind.Longer loan terms are also beco ...

Breakdown cover and car insurance company RAC is close to selecting banks to lead its initial public offering in London, according to people familiar with the matter.The nearly 130-year-old firm is set to pick Goldman Sachs Group Inc., Bank of America Corp. and Barclays Plc to help arrange a possible listing, the people said, asking not to be identified as the information is private. The listing would value it at around £5 billion ($6.9 billion), the people said. Lazard Inc. is acting as a financial adviser ...

AAA Automobile Club of Southern California rating: 2.4 out of 5 stars AAA Automobile Club of Southern California is best known for its roadside assistance, but it also sells auto insurance. If you already carry a AAA membership, getting insurance through the company can feel like a natural next step, especially if you like bundling everything under one familiar brand. That said, AAA auto insurance isn’t cheap. Rates land toward the high end of our comparison, and coverage options are more limited than wha ...

Core Viewpoint - SoFi is positioned as a more resilient investment compared to Robinhood, particularly in the face of potential economic downturns due to its diversified service offerings and customer base growth [1][8]. Company Performance - SoFi has expanded its customer base to 12.6 million, marking a 35% increase year-over-year [3]. - Revenue for SoFi rose by 38% to $950 million, with non-GAAP adjusted earnings increasing by 120% to $0.11 per share [4]. - Robinhood's revenue doubled to $1.2 billion, and diluted earnings per share surged by 259% to $0.61 [4]. Service Diversification - SoFi offers a broad range of financial products, including student loan refinancing, personal loans, credit card consolidation, and renters insurance, which may help it withstand economic slowdowns [9][11]. - In contrast, Robinhood's revenue is heavily reliant on trading activities, particularly options and crypto trading, which accounted for 78% of its transaction-based revenue in Q3 [11]. Market Conditions - The market has been on a bull run since 2022, and Robinhood has not yet faced a market downturn, which could pose risks when economic conditions change [12]. - Economic indicators suggest potential challenges ahead, including job layoffs reaching a four-year high in 2025, which may affect Robinhood's trading volume as customers may reduce riskier investments [12][13]. Investment Recommendation - Given the current economic landscape and service diversification, adding SoFi to an investment portfolio may be a more prudent choice compared to Robinhood [13].

If you’re looking for an Esurance car insurance review, you might be surprised to learn that Esurance is no longer available. Allstate has been folding Esurance into its main brand behind the scenes. Esurance’s website is still live, but it functions mostly as a redirect hub. If you enter your ZIP code, instead of seeing Esurance rates, you’ll end up on an Allstate or Direct Auto Insurance (an Allstate brand) quote page, depending on your ZIP code. But don’t worry. If you need an Esurance, Allstate, or Di ...

The General rating: 2.9 out of 5 stars The General car insurance may be best for high-risk drivers, including those with accidents, violations, or even a suspended license. Policies are pretty basic, but the company will file SR-22 forms for you if your state requires one. The General’s rates land just slightly above average for both full and minimum coverage. Learn more: Best car insurance companies in the U.S. The General auto insurance pros and cons Pros Has a rideshare endorsement Offers gap i ...

Lemonade (LMND) recently hit a new three-year high. Shares are up 152% over the past year. LMND maintains a 100% “Buy” technical opinion from Barchart. Lemonade is up Wednesday on news it will provide insurance for Tesla’s (TSLA) vehicles that have full-self driving enabled. Today’s Featured Stock Valued at $5.8 billion, Lemonade (LMND) is an insurance startup that brings a digital approach to homeowners and renters insurance, as well as pet insurance, car insurance, and term life insurance. The ...

Core Insights - The average monthly payment for a new vehicle has increased significantly from $491 in 2015 to $772 in the fourth quarter of 2025, with the average amount financed rising from $28,769 to $43,759 [1] Vehicle Affordability - Longer loan terms and higher monthly payments, with buyers now paying $1,000 or more per month, indicate that purchasing a new car may be reaching the limits of affordability [2] - Recommended vehicle budget guidelines suggest spending no more than 8% of monthly income on vehicle expenses, which includes loan payments, fuel, and insurance [3] Strategies for Reducing Monthly Payments - A larger down payment of at least 15% is recommended to save on interest and lower monthly payments [4] - Exploring financing options outside of dealership offers, such as credit unions or banks, can lead to better rates [4] - Manufacturer incentives, including low-rate financing and cash-back offers, can enhance affordability [4] Total Cost Considerations - Buyers should focus on the total cost of the vehicle rather than just the monthly payment, as overpaying can lead to long-term financial losses [5][6] - The depreciation of vehicles can result in being "underwater" on loans, complicating future trade-ins [6] Rising Insurance Costs - Average annual insurance costs have increased by 60% from the first half of 2020 to the same period in 2025, driven by inflation and other factors such as advanced vehicle technology and natural disasters [6][7] - Consumers are advised to review their insurance policies for unnecessary coverage and potential discounts [8] Market Trends - New-vehicle prices are beginning to stabilize, and lower interest rates may provide some relief for buyers in 2026 [9] - An increase in off-lease returns is expected to offer more affordable options in the used vehicle market [9]

Core Insights - A registered nurse in California expressed frustration over her $100,000+ income not being sufficient to cover living expenses, leading her to move back in with her father [2][3] - The trend of migration from high-tax blue states like California and New York to lower-tax red states such as Florida and Texas is increasing, driven by high tax rates [4] - California's tax rate for individuals earning over $100,000 is 9.3%, while those earning over $1.3 million face a 12.3% tax rate [5][6] Taxation and Migration Trends - High tax rates in blue states are prompting individuals to consider relocating to states with no state income tax, such as Texas and Florida [8] - The rising cost of living in California is making tax savings a significant factor in the decision to move [8]

Core Viewpoint - Lemonade's stock is experiencing a significant rise following an upgrade from Morgan Stanley, indicating positive market sentiment and improved financial performance [1][5]. Company Overview - Lemonade is a digital insurance company leveraging artificial intelligence to offer a range of insurance products, including auto, property, liability, and life insurance [3][4]. - The company is positioned as an AI-centric insurer, focusing on efficient claims processing and dynamic pricing to manage risk premiums [4]. Financial Performance - The stock has shown substantial growth, with a year-to-date increase of 124% and a recent 9% rise following the analyst upgrade [2][11]. - Lemonade's loss ratio has improved to 67% from 81% year-over-year, indicating better management of claims relative to premiums collected [6]. - The company is projected to achieve profitability on an EBITDA basis by the end of Q4 2026, highlighting a clear path towards financial stability [7]. Market Position - Lemonade competes with established insurance companies like Geico and Allstate, which have also integrated AI into their operations [4]. - The company is experiencing outsized growth in the auto insurance sector, which is a key driver of its financial improvement [5]. Sales Growth - Lemonade's sales are expected to reach $730 million for the current year, with projections of $1.2 billion for the next year, reflecting a growth rate of 35% to 38% [15][14]. - The company has shown a consistent upward trend in stock performance, breaking out of a trading range and trading above its 20-week moving average [9][8].