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Car payments squeeze Americans as auto debt hits $1.68 trillion, report finds
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- Auto debt is becoming a bigger problem for consumers, a new report shows.
- That figure includes traditional installment loans and leases.
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Auto debt is becoming a bigger problem for consumers, a new report shows.
Total auto debt reached $1.68 trillion at the end of 2025 — a 37% increase since late 2018, when the debt was at $1.23 trillion, according to a new analysis by The Century Foundation, a left-leaning think tank, and Protect Borrowers, a consumer advocacy group, provided exclusively to CNBC. That figure includes traditional installment loans and leases.
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