Between 2015 and 2022, average car loans in the United States have increased in size year-on-year for new cars. The average amount of new car financing in the U.S. amounted to 39,540 U.S. dollars in the first quarter of 2022. This trend can also be seen in the size of used car loans during the same period.
Average total size of new car loans and leases in the United States from 2015 to 2022
(in U.S. dollars)
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Experian. (May 23, 2022). Average total size of new car loans and leases in the United States from 2015 to 2022 (in U.S. dollars) [Graph]. In Statista. Retrieved October 10, 2024, from https://www.statista.com/statistics/453322/average-new-automobile-financing-amount-usa/
Experian. "Average total size of new car loans and leases in the United States from 2015 to 2022 (in U.S. dollars)." Chart. May 23, 2022. Statista. Accessed October 10, 2024. https://www.statista.com/statistics/453322/average-new-automobile-financing-amount-usa/
Experian. (2022). Average total size of new car loans and leases in the United States from 2015 to 2022 (in U.S. dollars). Statista. Statista Inc.. Accessed: October 10, 2024. https://www.statista.com/statistics/453322/average-new-automobile-financing-amount-usa/
Experian. "Average Total Size of New Car Loans and Leases in The United States from 2015 to 2022 (in U.S. Dollars)." Statista, Statista Inc., 23 May 2022, https://www.statista.com/statistics/453322/average-new-automobile-financing-amount-usa/
Experian, Average total size of new car loans and leases in the United States from 2015 to 2022 (in U.S. dollars) Statista, https://www.statista.com/statistics/453322/average-new-automobile-financing-amount-usa/ (last visited October 10, 2024)
Average total size of new car loans and leases in the United States from 2015 to 2022 (in U.S. dollars) [Graph], Experian, May 23, 2022. [Online]. Available: https://www.statista.com/statistics/453322/average-new-automobile-financing-amount-usa/
