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3 years ago

5

Common car loan duration

1 answer:

chubhunter [2.5K]3 years ago

4 0

Answer:

In 2019, the average term length was 69 months for new cars and 65 months for used vehicles. Most car loans are available in 12 month increments, lasting between two and eight years. The most common loan terms are 24, 36, 48, 60, 72, and 84 months, according to Autotrader

Explanation:

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