Today, outstanding vehicle loans add up to more than $ 1 trillion, with the average consumer carrying $ 12,000 of auto loan debt. (moneytips.com)
Outstanding auto loan debt exceeded $ 1 trillion and 42 percent of auto loans carry a six - year term or longer. (supermoney.com)
Credit card debt and student loan debt are reaching staggering levels, so it should be no surprise that auto loan debt levels are closely following the same trend. (moneytips.com)