Average auto loan debt in the U.S. 2023, by generation

Published by
Fernando de Querol Cumbrera,
Jun 20, 2024

In 2023, the generation X was the age group with the highest amount of auto loan debt in the United States. That group had on average a car loan debt of roughly 27,100 U.S. dollars. Meanwhile, the silent generation had the lowest amount of auto loan debt, amounting to approximately 16,050 U.S. dollars.

Average auto loan debt in the United States in 2023, by generation (in 1,000 U.S. dollars)

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Release date

February 2024

Region

United States

Survey time period

2023

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Statistics on " Personal debt in the United States "

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Other statistics that may interest you Personal debt in the United States

Overview

5

Overall consumer lending

4

Mortgage debt

4

Car loan debt

4

Credit card debt

5

Student loan debt

4

Buy now, pay later (BNPL)

3

Loan delinquency

5

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Topics

Personal debt in the U.S.National debt of the U.S.Credit cards in the United StatesMedical debt in the U.S.Public debt in Latin America
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