> Many younger kids don’t view cars as the gateway to freedom and coming of age experiences. (Which is fine) No shit... > The average monthly car loan payment

> Many younger kids don’t view cars as the gateway to freedom and coming of age experiences. (Which is fine) No shit... > The average monthly car loan payment in the U.S. is $745 for new vehicles and $521 for used ones > In the first quarter of 2025, the overall average auto loan interest rate was 6.73% for new cars and 11.87% for used cars.