New-car financing
Average loan length and financing terms
| Q4 2021 | Q4 2020 | |
|---|---|---|
| Loan length (months) | 69.9 | 69.9 |
| Monthly payment | $636 | $581 |
| Amount financed | $39,017 | $35,335 |
| APR | 4.10% | 4.60% |
| Down payment | $5,780 | $4,720 |
Average loan length and financing terms
| Q4 2021 | Q4 2020 | |
|---|---|---|
| Loan length (months) | 69.9 | 69.9 |
| Monthly payment | $636 | $581 |
| Amount financed | $39,017 | $35,335 |
| APR | 4.10% | 4.60% |
| Down payment | $5,780 | $4,720 |
