Debt owed in motor finance loans in the United Kingdom (UK) 2017, by age

Published by Statista Research Department, Nov 9, 2020
This statistic displays the average amount of debt resulting from motor finance loans in the United Kingdom (UK) in 2017, by age group. Adults aged between 45 and 54 years of age had the highest amount of debt in motor finance, with an average of over 1.1 thousand British pounds. Those aged over 75 years had the lowest average debt in motor finance loans, with an average of 200 British pounds in 2017.

Distribution of average debt from motor finance loans in the United Kingdom (UK) 2017, by age (in GBP)

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Source

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Release date

October 2017

Region

United Kingdom

Survey time period

2017

Number of respondents

12,865 respondents

Age group

18 years and older

Method of interview

Online survey

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