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)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 21, 2024, from https://www.statista.com/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 21, 2024. https://www.statista.com/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 21, 2024. https://www.statista.com/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/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/statistics/453347/monthly-payment-for-used-car-financing-usa/ (last visited November 21, 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/statistics/453347/monthly-payment-for-used-car-financing-usa/