Monthly payments to finance used cars in the United States have increased by over 100 U.S. dollars from 2019 to 2022, with most of that change occurring during the last year. The average monthly payment for used car financing amounted to 503 U.S. dollars in the first quarter of 2022.
Average monthly payment for used vehicle financing in the United States from 2015 to 2022
(in U.S. dollars)
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Experian. (May 23, 2022). Average monthly payment for used vehicle financing in the United States from 2015 to 2022 (in U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/453347/monthly-payment-for-used-car-financing-usa/
Experian. "Average monthly payment for used vehicle financing in the United States from 2015 to 2022 (in U.S. dollars)." Chart. May 23, 2022. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/453347/monthly-payment-for-used-car-financing-usa/
Experian. (2022). Average monthly payment for used vehicle financing in the United States from 2015 to 2022 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/453347/monthly-payment-for-used-car-financing-usa/
Experian. "Average Monthly Payment for Used Vehicle Financing in The United States from 2015 to 2022 (in U.S. Dollars)." Statista, Statista Inc., 23 May 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/453347/monthly-payment-for-used-car-financing-usa/
Experian, Average monthly payment for used vehicle financing in the United States from 2015 to 2022 (in U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/453347/monthly-payment-for-used-car-financing-usa/ (last visited November 10, 2024)
Average monthly payment for used vehicle financing in the United States from 2015 to 2022 (in U.S. dollars) [Graph], Experian, May 23, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/453347/monthly-payment-for-used-car-financing-usa/