In second quarter 2022, the average loan amount for a new vehicle rose 13.21 percent year over year, to $40,290.
Poster Comment:
$40,290 is after trade in and down payment.
American Drivers Go Deeper Into Debt As Inflation Pushes Car Loans To Record Highs
| Source: | https://www.zerohedge.com/personal-finance/american-drivers-go-deeper-debt-inflation-pushes-car-loans-record-highs |
| Published: | Aug 30, 2022 |
| Author: | Tyler Durden |
| Post Date: | 2022-08-30 00:37:52 by Horse |
| Views: | 37 |