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The average car loan is now $785 a month — and lasts for almost 6 years

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The average car loan is now $785 a month — and lasts for almost 6 years

Americans borrowed a record $211 billion to pay for their cars last quarter.

The average car loan is now $785 a month — and lasts for almost 6 years


Source:MarketWatch

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Sourcehttps://www.marketwatch.com/story/the-average-car-loan-is-now-785-a-month-and-lasts-for-almost-6-years-a950c80c