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Average Car Loan In The United States (2024): How Much Auto Loan You Can Afford By Annual Salary

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Описание к видео Average Car Loan In The United States (2024): How Much Auto Loan You Can Afford By Annual Salary

1 in 5 Americans have a car loan of $1,000/month. As of Q1 2024, Edmunds reports that the monthly average new car payment in the United States is $735/month (7.1% APR), and the average Americans is paying $546/month (11.7% APR) on auto loans for a used vehicle. The average U.S. annual household income is about $106,270 a year (median: $74,202).

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