· 5-min read The average new vehicle loan amount is around $40,000. Assuming new car owners pay some kind of a down payment when
Angela Mae is a financial journalist who writes for various publications including GOBankingRates, Fox Business Network, Yahoo Finance, and the Cigalah Group. With a focus on personal finance and consumer trends, Angela provides expert insights and advice on topics such as housing markets, mortgage rates, frugal living, and saving money. Her work has been featured in numerous publications globally, including Yahoo Finance Canada, Nasdaq, and AOL, Inc.