There are a lot of new cars out there, which also means that there are a lot of people who now have a car loan. According to recently released data from the Federal Reserve Bank of New York, a record $107 million Americans have auto loan debt. Much of this debt is of recent origin. In early 2012, only 80 million Americans had car loans. As indicated by CNNMoney, back then, more Americans had home mortgages that auto loans.