
26/08/2025
7-year car loans now make up over 21% of all new loans in the U.S. Buyers spend a little over $200 less a month on a 7-year loan for a $50,000 car compared to a 5-year loan. But they also pay an extra $4,600 more in interest on average over those extra two years: https://www.youtube.com/watch?v=hk2Q6RzAm4o Thanks to Bridgestone Intrepid Control Systems, Inc. & for sponsoring our show!
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