More Than 1 in 5 New Car Buyers Taking Out Loans of 84 Months or Longer
www.roadandtrack.com
A rising percentage of American new car shoppers are stretching out their payments for seven years or more.
  • Dozzi92@lemmy.world
    6·
    10 days ago

    My previous car I did 60 months at 0%. They were offering, I knew I’d drive it that long, so why not.

    And for a solid five months I had no car loan to pay!

    • W98BSoD@lemmy.dbzer0.comEnglish
      2·
      10 days ago

      Doing that now. If you can comfortably afford it it’s the way to go. The problem is many many many people can’t afford it or don’t qualify.