The Most Popular Car for Each Generation in 2025 — and How Much They Pay Monthly

2025 Chevrolet Silverado 1500 towing a trailer.
ANDREW TRAHAN PHOTOGRAPHY LLC / Chevrolet

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Across generations, the average monthly car payment is $742 for new cars and $545 for used cars, according to Experian. But some generations tend to pay more for their cars than others.

To find out the average monthly car payment for each generation — and the cars these generations are most likely to be driving — Caribou analyzed thousands of real-life auto loan refinances across the U.S.

Here’s what its analysis found.

Gen Z

  • Most popular car: Honda Civic
  • Average monthly car payment: $648

Millennials

  • Most popular car: Chevy Silverado 1500
  • Average monthly car payment: $733

Gen X

  • Most popular car: Ford F-150
  • Average monthly car payment: $757

Baby Boomers

  • Most popular car: Chevy Silverado 1500
  • Average monthly car payment: $687

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