How long can I finance a used car? Generally, the average auto loan term is up to 60 to 72 months and can increase as car prices increase. There are loose restrictions depending on how long you plan to finance a car, and your car loan length will depend on how much you can pay on a monthly basis. Learn more about the maximum lengths to finance a car, as well as some of the benefits and deficits of a long term loan or a short term loan. Contact us if you would like to learn more.
There is no set limit when it comes to repaying a car loan. However, some banks have a policy on used cars that prevents duyers from financing vehicles over seven years old and with over 100,000 miles on their odometers. Still, that depends on which bank you are getting financing from. Be sure to visit us at Show Me Auto Mall if you have questions on car loan restrictions.
Get the process started by applying for financing online, then use our trade-in value tool to figure your estimated value of your vehicle.
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