Between 2015 and 2020, average car loans in the United States have increased in size year-on-year for both new and used cars. The average amount of new car financing in the U.S. amounted to 35,228 U.S. dollars in the fourth quarter of 2020.
Average amount of new and used car financing in the United States from 2015 to 2020
(in U.S. dollars)
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Experian. (March 31, 2021). Average amount of new and used car financing in the United States from 2015 to 2020 (in U.S. dollars) [Graph]. In Statista. Retrieved January 22, 2022, from https://www.statista.com/statistics/453308/average-automobile-financing-amount-new-used-cars-usa/
Experian. "Average amount of new and used car financing in the United States from 2015 to 2020 (in U.S. dollars)." Chart. March 31, 2021. Statista. Accessed January 22, 2022. https://www.statista.com/statistics/453308/average-automobile-financing-amount-new-used-cars-usa/
Experian. (2021). Average amount of new and used car financing in the United States from 2015 to 2020 (in U.S. dollars). Statista. Statista Inc.. Accessed: January 22, 2022. https://www.statista.com/statistics/453308/average-automobile-financing-amount-new-used-cars-usa/
Experian. "Average Amount of New and Used Car Financing in The United States from 2015 to 2020 (in U.S. Dollars)." Statista, Statista Inc., 31 Mar 2021, https://www.statista.com/statistics/453308/average-automobile-financing-amount-new-used-cars-usa/
Experian, Average amount of new and used car financing in the United States from 2015 to 2020 (in U.S. dollars) Statista, https://www.statista.com/statistics/453308/average-automobile-financing-amount-new-used-cars-usa/ (last visited January 22, 2022)
