Average Car Payment 2024 American Car. The average car payment for new vehicles in the u.s. Car payments average $726 for new cars and $533 for used cars, but what you owe every month is based on your loan.

The average car payment for new vehicles was $726 in the third quarter of 2023, a 3.6% increase from the third quarter of 2022. Was $735 a month in the first quarter of 2024, according to a recent report from lendingtree, which analyzed.