To determine if going 72 months or beyond is a good idea ... Lenders usually charge higher interest rates for long-term auto loans Because there’s more time for a borrower to default on the ...

Is a 72-Month Car Loan a Good Idea? Some car loans can have variable interest rates, so in a rising rate environment, a shorter loan could be a better idea. While you may have slightly lower ...

NerdWallet’s auto loan calculator goes beyond basic inputs such as loan amount, term and rate ... usually in 12-month increments, with common terms being 24, 36, 48, 60, 72 or 84 months.

If you’re planning to finance the purchase, you’ll need to find the perfect loan and iron out the details before heading to the dealership. When comparing auto loan interest rates, also give ...

Investopedia determined that Bank of America is the best overall auto lender thanks to its reasonable terms and accessibility ...