More Than 1 in 5 New Car Buyers in the U.S. Are Taking Out Loans of 84 Months or Longer

www.roadandtrack.com

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More Than 1 in 5 New Car Buyers in the U.S. Are Taking Out Loans of 84 Months or Longer

www.roadandtrack.com

return2ozma@lemmy.worldBanned from community to

News@lemmy.world · 23 days ago

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.

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Dozzi92@lemmy.world
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23 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!

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