Average new car monthly payment hits record $777 in the US

Monthly payments on new cars in the United States have hit a record average of $777, underlining how unaffordable new vehicles have become. In other automotive news, Toyota is investing billions in its Texas plant, Mercedes-Benz has decided to build the "Baby G" model in Hungary rather than Austria, and Ford has issued another recall.

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🚗 Cars New cars with monthly payments under $500 are increasingly rare Jalopnik · 16d ago 🚗 Cars Average New Car Payment Hits Record $777/Month as 84-Month Loans Surge Carscoops · 23d ago 🚗 Cars Average new car price hits record $51,974 in the US despite surging demand Jalopnik · 28d ago

More on this topic

🚗 Cars New cars with monthly payments under $500 are increasingly rare Jalopnik · 16d ago 🚗 Cars Average New Car Payment Hits Record $777/Month as 84-Month Loans Surge Carscoops · 23d ago 🚗 Cars Average new car price hits record $51,974 in the US despite surging demand Jalopnik · 28d ago