Average New Car Payment In 2024

Average New Car Payment In 2024. The average monthly car loan payment in the u.s. The average monthly car payment for new cars is $726.


Average New Car Payment In 2024

Overall, americans owe $1.55 trillion in car loan debt representing 9.17% of all consumer debt in the country. The average car payment for new vehicles was $726 in the third quarter of 2023, a 3.6% increase from the third quarter of 2022.

80.85% Of New Cars Sold.

As of july 2022, the average monthly car payment is at a record high of $733.

Overall, The Cost Of Having And Keeping A Car Has Never Been More Expensive:

That’s the highest level since 2007 and up from an average of 5.7% a year ago.

That's Pretty Expensive For Most People.

Images References :

Moneygeek Presents The Average Cost Of A New Car In 2024 Across Different Vehicle Makes.

That's the highest level since 2007 and up from an average of 5.7% a year ago.

The Average Monthly Car Payment For New Cars Is $726.

The average car payment in 2023 ticks higher.

According To Edmunds’ Latest Data, The Share Of $1,000+ Monthly.