Average Car Payment Per Month 2024. For many americans, their vehicle payment is. You can get lower car payments by stretching.
The average car payment in q3 2023 reached a record high of $736 per month for new cars, up 4.5% since q3 2022, and a 32% increase from 2019. In america, the average monthly payment for a new car is $726, based on the most recent experian data.