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Long-Term Car Loans – Why You Should Avoid Financing Over 5 Years

Debt & Credit Cards

Long-Term Car Loans – Why You Should Avoid Financing Over 5 Years


Not so long ago, a five-year car loan was considered “long-term.” Today, about 72% of new car loans come with terms longer than five years. We’re spending more on cars and spreading the cost out longer. What does a long-term car loan mean for your wallet, and are there better options? Find out here.

Long-Term Car Loans – Why You Should Avoid Financing Over 5 Years is a post from Money Crashers.

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