For new and used car buyers in the market for a vehicle, we've got the latest data from Experian Automotive, a division of Experian credit, the latest car financing trends based on the first quarter of 2018.
New Car Stats
- The average new vehicle loan: $31,455, up $921 from 2017
- The average new vehicle monthly payment: $523, up $15 from 2017
- The average new vehicle interest rate: 5.17%
- The average new vehicle credit score: 716