The average car loan term is 68.48 months for a new car and 67.41 months for a used car, or close to six years, according to Experian data. The average length of auto loans for new and used vehicles ...
The average car loan length is 68 months, according to the 2024 Experian State of the Auto Finance Market report. This is slightly higher than it was the year before. Typically, auto loan terms are 48 ...
The pandemic-era rollercoaster ride of car prices has largely stabilized here in 2025, but the result, at least for the time ...
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New data shows average monthly car payments are nearing $750
Average monthly car payments are now brushing up against $750, turning what used to be a manageable line item into one of the most punishing pieces of the household budget. The shift is not just about ...
The year 2000 was 25 years ago. If that sounds surprising because you keep referencing 2000 as "a few years back," stop holding your phone at arm's length and just buy some reading glasses already.
Experian explains details around the rising average length of a car loan in the U.S., including tips to choose the right auto loan term for you. The average car loan term is 68.48 months for a new car ...
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