Average Monthly Used Car Payment 2024. (experian) 41.81 percent of vehicles financed in the second quarter of 2024 were new. The average monthly payment for new car loans has grown to $716, up from $646 and $578 in q4 2021 and q4 2020, respectively [3].

Car payments are up heading into 2024, whether you’re looking for a new or used vehicle for purchase or lease. The platform for selling used cars.