AVG. % RATE ON 48-MO. NEW-CAR LOAN: 7.59%; AVG. TRANSACTION PRICE FOR A NEW CAR, $46K; AVG. MO. PAYMENT FOR A NEW CAR, $736, HIGHEST EVER

-Average interest rate on 48-month new car loan: 7.59%, highest since 2007.
-Average transaction price of a new car: $46k, 31% higher than 3 years ago.
-Average monthly payment for a new car: $736, highest ever.

Video: https://t.co/tU1AymzNKg   pic.twitter.com/xZKlTXVkmd

— Charlie Bilello (@charliebilello) August 12, 2023

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