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Annual U.S. vehicle spending by income 2019

Annual average net outlays for vehicle purchases came to just under 4,400 U.S. dollars for all U.S. consumers in 2019, ranging between 1,607 U.S. dollars for those in the lowest income bracket to almost 9,000 U.S. dollars for consumers in the highest income group.

Americans' annual expenditures on vehicle purchases in 2019, by income group

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Source

Release date

September 2020

Region

United States

Survey time period

2019

Number of respondents

132,242 consumer units

Method of interview

Telephone interview

Supplementary notes

The information refers to income before taxes.
According to the source, income groups meet one of the following criteria: all members of a particular household who are related to marriage, adoption, other legal arrangements, or blood; a person sharing a household with others or living alone or living as a roomer, but who is finanically independent; two or more people living together who make joint expenditure decisions.

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Statistics on "Auto dealers in the United States"

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