Car buyers set a record with more than $1,000-a-month car payments in Q2
- Posted on July 2, 2025
- By Detroit Free Press
- 3 Views

Car buyers set a record with more than $1,000-a-month car payments in Q2

One in five car buyers in Q2 agreed to a $1,000-a-month car payment and increasingly more are taking out 7-year-long loans.