According to the results of the 2020 Consumer Expenditure Survey regarding the average annual net outlays for vehicle purchases made by Americans, Hispanic or Latino Americans said they spent an average of 4,528 U.S. dollars on vehicle purchases.
Americans' per capita average net outlays for vehicle purchases in 2020, by ethnicity
(in U.S. dollars)
Figures calculated as per capita consumer mean data; the information is based on the Consumer Expenditure Survey. The source did not specify the age of respondents. According to the source, a consumer unit consists of any of the following: all members of a particular household who are related by blood, marriage, adoption, or other legal arrangements or a person living alone or sharing a household with others or living as a roomer in a private home or lodging house or in permanent living quarters in a hotel or motel, but who is financially independent or two or more persons living together who use their incomes to make joint expenditure decisions.
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Bureau of Labor Statistics. (August 24, 2021). Americans' per capita average net outlays for vehicle purchases in 2020, by ethnicity (in U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/694884/annual-american-vehicle-purchases/
Bureau of Labor Statistics. "Americans' per capita average net outlays for vehicle purchases in 2020, by ethnicity (in U.S. dollars)." Chart. August 24, 2021. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/694884/annual-american-vehicle-purchases/
Bureau of Labor Statistics. (2021). Americans' per capita average net outlays for vehicle purchases in 2020, by ethnicity (in U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/694884/annual-american-vehicle-purchases/
Bureau of Labor Statistics. "Americans' per Capita Average Net Outlays for Vehicle Purchases in 2020, by Ethnicity (in U.S. Dollars)." Statista, Statista Inc., 24 Aug 2021, https://www.statista.com/statistics/694884/annual-american-vehicle-purchases/
Bureau of Labor Statistics, Americans' per capita average net outlays for vehicle purchases in 2020, by ethnicity (in U.S. dollars) Statista, https://www.statista.com/statistics/694884/annual-american-vehicle-purchases/ (last visited November 23, 2024)
Americans' per capita average net outlays for vehicle purchases in 2020, by ethnicity (in U.S. dollars) [Graph], Bureau of Labor Statistics, August 24, 2021. [Online]. Available: https://www.statista.com/statistics/694884/annual-american-vehicle-purchases/
