While the majority of drivers still finance their vehicle with a loan, a share of drivers in the U.S. choose to lease. Leasing can have a few advantages over buying, such as more manageable payments ...
8.6% of Americans with auto loans are paying $1,000 or more per month, and 40.3% of those loans were originated in 2024. High car payments are most common in Texas, Nevada, Georgia, and California.
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