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The average car payment for new cars in USA is $726 The average car payment for used cars is $533 The average payment for leased cars is $516 The average monthly car insurance payment is $165 This means most people are paying $681 - $891 a month to own a car without including gas/toll. We're living in 🔥🔥🔥 (by www.threads.net/@millennialindebt) Source: https://www.experian.com/content/dam/noindex/na/us/automotive/finance-trends/experian-safm.pdf | Urban Cycling Institute