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Learn about long-term car loans, their pros and cons, and whether an 84-month car loan is worth it based on your financial situation and car-buying needs.
The latest Experian State of the Auto Finance Market report found the average term for new car loans—the number of months it takes to pay off loans on new cars—rose to 68.48 months in the ...
With auto loan terms increasing—72- and even 84-month auto loans are becoming more common—it's perhaps less surprising that higher loan payments continue to persist, even as car prices and ...
Purchasing a used car is usually cheaper than buying a new one. If you finance the vehicle, you'll generally pay less per month, and it won't depreciate as quickly as a new car fresh off the ...
There is no way around the reality that cars have become a necessity for most Americans who need to drive to work, shuttle the kids to school or even use it for delivery purposes as a side gig....
Exclusions to GAP insurance vary by country or state. Some exclusions include a maximum loss limit of $50,000 while others require a loan term of less than 84 months. [5] GAP is an optional purchase, but many states in the US require that a car dealership offer GAP at the point of purchase.
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