How many Americans in debt for car?

Precise figures on the exact number of Americans in car loan debt fluctuate constantly. There's no single, publicly available database that tracks this in real-time. However, various sources provide estimates.

Reports from organizations like the Federal Reserve and Experian regularly show that a significant portion of American car owners are in debt for their vehicles. While an exact number is hard to pin down, it's safe to say it's in the tens of millions. The percentage of car owners with outstanding auto loans is often above 50%, implying a very large number of individuals.