1 in 5 new car buyers take on $1,000 monthly payments

thehill.com/homenews/5379893-record-share-car-buyers-1000-payment

Once considered rare, $1,000 car payments are fast becoming the new normal.
Last quarter, nearly one in five new car buyers who financed their purchases took on monthly payments of $1,000 or more — a record share, according to a new report from Edmunds.
Car shoppers also borrowed more…

This story appeared on thehill.com, 2025-07-02 11:35:29.
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