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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 average car loan term is 68.48 months for a new car and 67.41 months for a used car, ... The monthly payment on an 84-month loan is about two-thirds of the payment on a 48-month loan. However ...
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While long-term car loans typically lasting up to 84 months (or seven years) are not uncommon, a 325-month loan is highly unusual. Here’s what car buyers need to know when choosing the right ...
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The U.S. prime rate is in principle the interest rate at which a supermajority (3/4ths) of American banking institutions grant loans to their most creditworthy corporate clients. [1] As such, it serves as the de facto floor for private-sector lending, and is the baseline from which common "consumer" interest rates are set (e.g. credit card rates).
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