News@lemmy.world · 1 day ago

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

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News@lemmy.world · 1 day 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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1dalm@lemmings.world
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13 hours ago
I mean, I would rather lease than paying a 7 year note on a car.

That’s crazy. The car legitimately might not last that long.

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