Multiple new-vehicle financing trend lines reached new peaks in Q2 2026 as shoppers took on larger and longer loans to combat affordability challenges in the car market, according to the latest analysis from Edmunds.

 

Buyers are lengthening their loans past 72 and 84 months at record levels: A record 36.5% of all financed new-vehicle purchasers in Q2 took on a loan of 73 months or longer, up from 27.3% a decade prior. 23.9% of Q2 financers signed on for loans of 84 months or longer, another record.