Average American car payment?
The average American car payment ranges between $380 and $460 dollars per month.
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The North American average engine size for cars and light duty trucks in 2006 was 220 hp. Source: Ward's Auto World, 2007 Light Vehicle Engines.
The average cost of a monthly car payment is $250. Of course theactual amounts will differ depending on the value of the car, andthe amount of the down payment.
the average car payment is about 200$ which this stayment is not made based on the car types.
The window sills of American cars are about 2 inches higher than the windoe sills of European cars.
the average mortgage payment is around $1400.00 a month. believe it or not when i bought my house in 1972 my mortgage was $143.75 a month
the avarege American leese so his car is by him 4 3 years if the car is bought then it is 5.
A car payment in America is between 380 and 460 dollars a month.This is on average of course.
Depends on the price of the car: If the average price of a car was $20k the payment will be around $350.
the average age of an American car is 6 years
The typical car today will last 200,000 miles. The average mileagedriven each year is 15,000 miles. 200,000 divided by 15,000 = 13.33years. But that is just an average. Lots o…f cars are wrecked andnever repaired which skews the figures. I personally own a 15 yearold truck that is still going strong.
According to Dave Ramsey at daveramsey.com, Recent statistics show that one-third of car buyers sign up for a six-year loan at an average interest rate of 9.6%. Among these… buyers, the average price of the car is just over $26,000. This means that one-third of the cars you see on the road are dragging a $475 payment behind them.
Depending on your interest rate and repayment terms there are many possibilities. There is an easy calculator here:https://www.grabillbank.com/calculators.html?CALCULATORID=PC…09&TEMPLATE_ID=www.grabillbank.com_1 . For 7 years at 5.5% with no down payment monthly payments would be $718.50
In Car Buying
It depends on several things such as: purchase price, length ofloan and interest rate. A new car will have a bigger sticker pricebut a better rate and longer term loan.
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