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U.S. Auto Debt Reaches $1.68 Trillion, Overtaking Credit Cards

AUTO BLOG·1d ago·3 min read
Photograph via Auto Blog
RSS SUMMARY · AGGREGATED FROM AUTO BLOG

With the average new car transaction price holding just below $50,000 last month, it’s not surprising that auto debt has ballooned to previously unseen levels. As more people borrow larger sums of money to be able to buy or lease a vehicle, auto debt is increasingly becoming a serious problem for …

With the average new car transaction price holding just below $50,000 last month, it’s not surprising that auto debt has ballooned to previously unseen levels. As more people borrow larger sums of money to be able to buy or lease a vehicle, auto debt is increasingly becoming a serious problem for …

With the average new car transaction price holding just below $50,000 last month, it’s not surprising that auto debt has ballooned to previously unseen levels. As more people borrow larger sums of money to be able to buy or lease a vehicle, auto debt is increasingly becoming a serious problem for …

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