In the first quarter of 2024, the average size of car financing in the United States was lower than a year earlier. However, those figures had been increasing until 2022, as the size of car loans and leasing tends to grow to match the changing car prices. The average amount of new car financing in the U.S. amounted to 40,630 U.S. dollars in the first quarter of 2024.
Average amount of new and used car financing in the United States from 4th quarter 2015 to 1st quarter 2024
(in 1,000 U.S. dollars)
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Experian. (May 30, 2024). Average amount of new and used car financing in the United States from 4th quarter 2015 to 1st quarter 2024 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, 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 4th quarter 2015 to 1st quarter 2024 (in 1,000 U.S. dollars)." Chart. May 30, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/453308/average-automobile-financing-amount-new-used-cars-usa/
Experian. (2024). Average amount of new and used car financing in the United States from 4th quarter 2015 to 1st quarter 2024 (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. 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 4th Quarter 2015 to 1st Quarter 2024 (in 1,000 U.S. Dollars)." Statista, Statista Inc., 30 May 2024, 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 4th quarter 2015 to 1st quarter 2024 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/453308/average-automobile-financing-amount-new-used-cars-usa/ (last visited November 22, 2024)
Average amount of new and used car financing in the United States from 4th quarter 2015 to 1st quarter 2024 (in 1,000 U.S. dollars) [Graph], Experian, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/453308/average-automobile-financing-amount-new-used-cars-usa/
