In 2023, the generation X was the age group with the highest amount of auto loan debt in the United States. That group had on average a car loan debt of roughly 27,100 U.S. dollars. Meanwhile, the silent generation had the lowest amount of auto loan debt, amounting to approximately 16,050 U.S. dollars.
Average auto loan debt in the United States in 2023, by generation
(in 1,000 U.S. dollars)
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Experian. (February 14, 2024). Average auto loan debt in the United States in 2023, by generation (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1281685/average-auto-loan-debt-usa-by-generation/
Experian. "Average auto loan debt in the United States in 2023, by generation (in 1,000 U.S. dollars)." Chart. February 14, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1281685/average-auto-loan-debt-usa-by-generation/
Experian. (2024). Average auto loan debt in the United States in 2023, by generation (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1281685/average-auto-loan-debt-usa-by-generation/
Experian. "Average Auto Loan Debt in The United States in 2023, by Generation (in 1,000 U.S. Dollars)." Statista, Statista Inc., 14 Feb 2024, https://www.statista.com/statistics/1281685/average-auto-loan-debt-usa-by-generation/
Experian, Average auto loan debt in the United States in 2023, by generation (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1281685/average-auto-loan-debt-usa-by-generation/ (last visited October 31, 2024)
Average auto loan debt in the United States in 2023, by generation (in 1,000 U.S. dollars) [Graph], Experian, February 14, 2024. [Online]. Available: https://www.statista.com/statistics/1281685/average-auto-loan-debt-usa-by-generation/