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This statistic displays the average amount of debt resulting from motor finance loans in the United Kingdom (UK) in 2017, by age group. Adults aged between 45 and 54 years of age had the highest amount of debt in motor finance, with an average of over 1.1 thousand British pounds. Those aged over 75 years had the lowest average debt in motor finance loans, with an average of 200 British pounds in 2017.
Distribution of average debt from motor finance loans in the United Kingdom (UK) 2017, by age (in GBP)
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Statistics
Financial Conduct Authority. (October 18, 2017). Distribution of average debt from motor finance loans in the United Kingdom (UK) 2017, by age (in GBP) [Graph]. In Statista. Retrieved May 16, 2024, from https://www.statista.com/statistics/793653/average-amount-owed-in-motor-finance-loans-united-kingdom/
Financial Conduct Authority. "Distribution of average debt from motor finance loans in the United Kingdom (UK) 2017, by age (in GBP)." Chart. October 18, 2017. Statista. Accessed May 16, 2024. https://www.statista.com/statistics/793653/average-amount-owed-in-motor-finance-loans-united-kingdom/
Financial Conduct Authority. (2017). Distribution of average debt from motor finance loans in the United Kingdom (UK) 2017, by age (in GBP). Statista. Statista Inc.. Accessed: May 16, 2024. https://www.statista.com/statistics/793653/average-amount-owed-in-motor-finance-loans-united-kingdom/
Financial Conduct Authority. "Distribution of Average Debt from Motor Finance Loans in The United Kingdom (Uk) 2017, by Age (in Gbp)." Statista, Statista Inc., 18 Oct 2017, https://www.statista.com/statistics/793653/average-amount-owed-in-motor-finance-loans-united-kingdom/
Financial Conduct Authority, Distribution of average debt from motor finance loans in the United Kingdom (UK) 2017, by age (in GBP) Statista, https://www.statista.com/statistics/793653/average-amount-owed-in-motor-finance-loans-united-kingdom/ (last visited May 16, 2024)
Distribution of average debt from motor finance loans in the United Kingdom (UK) 2017, by age (in GBP) [Graph], Financial Conduct Authority, October 18, 2017. [Online]. Available: https://www.statista.com/statistics/793653/average-amount-owed-in-motor-finance-loans-united-kingdom/