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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.

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

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