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What is the average monthly payment for a car loan in 2010?

The average monthly payment for a car loan of $20,000 is $125. In general monthly payments for car loans scale directly with the loan amount, so you can easily determine a monthly payment for your car loan by multiplying $125 by 20,000/your car loan amount.

by Kathy Taylor on Sun, 01/17/2010 - 09:27

Cost and Price Reference Series

Find out the cost of many of life's important purchases here, in our cost and price reference series.

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