Average U.S. monthly payment for used vehicle financing 2015-2019

Published by Statista Research Department, May 23, 2022
Monthly car loan payments in the United States tend to increase each year, which contributes to an ever increasing cost of living. The average monthly payment for used car financing in the U.S. amounted to 413 U.S. dollars in the fourth quarter of 2020.

Average monthly payment for used vehicle financing in the United States from 2015 to 2019 (in U.S. dollars)

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$708 / Year

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Release date

March 2021

Region

United States

Survey time period

2015 to 2020

Special properties

as of Q4 each year

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