By contrast, the average car loan balance in the United States was $ 18,177 in Q2 2016 with a delinquency rate of 1.11 percent. (debt.org)
but because of the tax advantages and relatively low interest rates, you are more likely to get in trouble by having high credit card or car loan balances. (thebalance.com)
The result is that many car owners find themselves with car loan balances that are greater than their cars» market values (also known as being «upside down» or «underwater» in a car loan). (ifsautoloans.com)