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Reading: Nearly 1 in 5 New-Car Buyers Now Face $1,000 Monthly Payments: Experian
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nearly-1-in-5-new-car-buyers-now-face-$1,000-monthly-payments:-experian
Nearly 1 in 5 New-Car Buyers Now Face $1,000 Monthly Payments: Experian

Nearly 1 in 5 New-Car Buyers Now Face $1,000 Monthly Payments: Experian

Last updated: May 31, 2026 7:48 am
By
Bill Pan
1 Min Read
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Nearly 1 in 5 New-Car Buyers Now Face $1,000 Monthly Payments: Experian

A lot at a Ford dealership in Austin, Texas, on April 18, 2025. Brandon Bell/Getty Images

Monthly payments on new cars are still rising, and a growing share of buyers are now starting their bills with four digits.

Nearly 19 percent of new-vehicle loans carried monthly payments of $1,000 or more in the first quarter of 2026, Experian said on Thursday in a review of more than 5 million open auto loans and leases.

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