Nearly 1 in 5 New-Car Buyers Now Face $1,000 Monthly Payments: Experian

Date:

A lot at a Ford dealership in Austin, Texas, on April 18, 2025. Brandon Bell/Getty ImagesMonthly payments on new cars are still rising, and a growing share of buyers are now starting their bills with four digits.Nearly 19 percent of new-vehicle loans carried monthly payments of $1,000 or more in the first quarter of 2026, Experian said on Thursday in a review of more than 5 million open auto loans and leases.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Average 30-Year Mortgage Rate Climbs to 9-Month High

A for sale sign near a home in Austin,...

1,300 More US Marines, Sailors Join Caribbean Buildup as Pressure on Cuba Mounts

U.S. Marines assigned to Littoral Combat Force-24, approach a...

US, Japan, Taiwan Push Deterrence as Shangri-La Defense Forum Opens

Police vehicles are seen at the Shangri-La Hotel during...