US Auto Loan Debt Balance

Timeframe20202021202220232024
Auto loan debt balance (trillions)Maximum of two rows can be charted.
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– % changeMaximum of two rows can be charted.
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Source: eMarketer

Note: loans taken out to purchase a car; includes auto bank loans (provided by banking institutions such as banks, credit unions, savings, and loan associations) and auto finance loans (provided by automobile dealers and automobile financing companies)

Methodology: Insider Intelligence benchmarks its auto loan debt balance figures against the Federal Reserve Bank of St. Louis data, for which the last full year measured was 2021.

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