1 In 5 New Car Buyers Took On $1,000+ Monthly Payments In Q4
Carscoops
JANUARY 11, 2025
New Car Finance Data (Averages) Metric 2024 Q4 2023 Q4 2024 Q3 Loan Term 68.8 Monthly Payment $754 $739 $736 Amount Financed $42,113 $39,977 $40,713 APR 6.8% ” Used Cars: The Practical Choice (With a Catch) For many consumers, getting a used car is often a smarter financial move.
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