SHARE THIS ARTICLE

Car buyers are taking out loans with exceptionally long, record-setting terms—in some cases approaching 96 months—and yet that still hasn’t stopped average monthly payments from continuing to grow.

Now, CNBC reports, the typical loan payment for new cars has reached a record $523 per month. Wahoo.

Read Article


Have We Gone MAD? The Average Car Loan Swells To Over $520 A Month With Loans Up To 96 Months!

About the Author

Agent009

User Comments

atc98092
scenicbyway12
MDarringer
TheSteve
MDarringer
skytop
MDarringer
USNA1999
MDarringer
EVisNow
MDarringer
ricks0me
mre30
MDarringer
Lovesponge76
MDarringer
wilfred
wilfred
MDarringer
rlbdcky

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]