Average car loan and monthly payment?
10-15-2004, 07:47 AM
#1
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Average car loan and monthly payment?
Anyone have any statistics on what the avarage car loan and terms of the average loan are?
Curious is all...
Curious is all...
10-15-2004, 08:25 AM
#3
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http://www.federalreserve.gov/releases/g19/Current/
From the Fed. Not sure if it's what you're looking for, but it does give a historic breakdown of the average rates on new/used car loans & average terms(easy to figure payt from that, etc).
From the Fed. Not sure if it's what you're looking for, but it does give a historic breakdown of the average rates on new/used car loans & average terms(easy to figure payt from that, etc).
10-15-2004, 08:45 AM
#4
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Originally Posted by chris3240929
http://www.federalreserve.gov/releases/g19/Current/
From the Fed. Not sure if it's what you're looking for, but it does give a historic breakdown of the average rates on new/used car loans & average terms(easy to figure payt from that, etc).
From the Fed. Not sure if it's what you're looking for, but it does give a historic breakdown of the average rates on new/used car loans & average terms(easy to figure payt from that, etc).
10-15-2004, 09:05 AM
#7
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Originally Posted by gdubb
so what is it Scrib??
The data is right there...
I figured it'd be over 20K with a 60+ month term... Interesting to see when the rates were really low, people were financing pratically the whole cost of the car (damn big 3 zero percent incentives)... Some quarters were over 27k!!!
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10-15-2004, 11:46 AM
#9
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Originally Posted by chris3240929
Notice how LTV moves around in times when there are big rebates. It's all smoke & mirrors.
Some good data there on credit cards too.
Some good data there on credit cards too.
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