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What's the longest you are allowed to stretch out a car loan?

Posted on 3/22/16 at 10:52 pm
Posted by LSULyle00690
Hoover, AL
Member since Sep 2004
7055 posts
Posted on 3/22/16 at 10:52 pm
I've heard of 6 years?

Is it possible to go longer?
Posted by Oenophile Brah
The Edge of Sanity
Member since Jan 2013
7540 posts
Posted on 3/22/16 at 11:00 pm to
quote:

Is it possible to go longer?

Longest I've seen is 7 years, but it's rare.
Posted by bubbz
Baton Rouge
Member since Mar 2006
22826 posts
Posted on 3/22/16 at 11:06 pm to
84 months is available but usually purchased have to be above 35k
Posted by Enadious
formerly B5Lurker City of Central
Member since Aug 2004
17694 posts
Posted on 3/23/16 at 10:14 am to
quote:

What's the longest you are allowed to stretch out a car loan?


The fact that you would ask that question has me very concerned for your financial future.
Posted by Rhino5
Atlanta
Member since Nov 2014
28907 posts
Posted on 3/24/16 at 7:12 am to
You're wanting a mortgage of a car note?
Posted by WavinWilly
Wavin Away in Sharlo
Member since Oct 2010
8783 posts
Posted on 3/24/16 at 7:55 am to
What is the recommended length? I've seen comments that say with interest rates so low get a longer loan and just make the minimum payments. I've also seen people say to not bother putting much down.

I'm anticipating buying a new car/truck 18-24 months from now. I was planning on walking in with 15-20k to put down on a 35-40k car?

Is this a dumb move?
Posted by tigerdup07
Member since Dec 2007
21974 posts
Posted on 3/25/16 at 9:07 am to
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