Average Car Payment 2024 America Price. The average car payment for used vehicles was $533 per month as of q3 2023, which is a 0.8% ($4) increase from q3 2022, when the average car payment was. 39.20 percent of vehicles financed in the third quarter of 2023 were new vehicles.

The average monthly car loan payment in the u.s. Comparatively, the car payment for a new, purchased vehicle was $725.