As car prices rises, auto loans stretch to 10 years or more

As car prices rises, auto loans stretch to 10 years or more

For years, the car market’s affordability problem showed up quietly — slightly longer loan terms here, a slightly higher payment there. And then in 2025, it finally became impossible to ignore. The average monthly payment on a new car now sits north of an eye-watering $750, and lenders are stretching loan terms to eight, nine, … Read more

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