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Average length of a car loan nears 70 monthsThe average car loan term is 68.48 months for a new car and 67.41 months for a used car, or close to six years, according to Experian data. The average length of auto loans for new and used ...
Experian explains details around the rising average length of a car loan in the U.S., including tips to choose the right auto loan term for you. The average car loan term is 68.48 months for a new ...
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