New Car Buyers Taking On $1,000+ Monthly Payments At Alarming Rates
Carscoops
OCTOBER 5, 2024
Monthly payment $736 $548 Amount financed $40,713 $28,097 APR 7.1 Down payment $6,619 $4,165 Data: Edmunds SWIPE Edmunds says 18.1 percent APR loans. Monthly Payment $548 $567 $569 Amount Financed $28,097 $29,328 $29,665 APR 11.3 Down Payment $6,619 $6,907 $6,823 SWIPE
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