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Average Monthly Payment

Posted on: 12/11/2018

As a smart shopper, we’re concerned with the total price of the auto we have in mind as well as the monthly payment. Just like the average purchase amount increasing in Q3 2018, so did the monthly payment.

  1. The average monthly payment on a lease or used vehicle increased by how much in Q3?
    1. $22
    2. $56
    3. $35
    4. None of the above
  2. The average monthly payment on a lease or used vehicle is now at an all-time record high. What is that payment?
    1. $297
    2. $400
    3. $327
    4. None of the above
  3. The average monthly payment on a new vehicle increased by what amount in Q3?
    1. $72
    2. $45
    3. $23
    4. None of the above

Answers below.

1. C, 2. B, 3. A