Loan Term For 2017 Vehicle. GROWTH IN LONGER-TERM AUTO LOANS. A loan for 30000 or more.
In general used car financing restrictions include. GROWTH IN LONGER-TERM AUTO LOANS. The average loan term for a new car also hit a record high of 706 months in March.
Thats almost five and a half years.
For a long time three- or five-year car loans were the norm. Thats not the only restriction however. By Barb Nefer October 29 2017 Auto Loans 101. Car Loan Calculator 2020 Hyundai Palisade Specs Reviews Find a 2020 Hyundai Palisade Near You.