So you want to buy a car? By The Numbers


Hi, I’m Brian Bienkowski and this is “By The Numbers”, this week “So you want to buy a car!” Auto loans totaled 1.1 trillion dollars at the beginning of 2017 The average amount financed on a new car is $30,621 The average monthly payment on a new car loan is $506 But wait! Stop the presses! The average amount financed on a used car is only $19,329 With a low, low, low monthly payment of $364 Winner! That’s “By The Numbers” for Debt.com Subscribe to Debt.com’s YouTube Channel and for more information and tips sign up for our newsletter When life happens… Visit Debt.com

Paul Whisler

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