Saturday, January 14, 2023

one in five new car buyers opted for 84-month financing last fall

By R.C.
sat, jan 14, 2023 4:47 p.m.

one in five new car buyers opted for 84-month financing last fall

https://www.thedrive.com/news/one-in-five-new-car-buyers-opted-for-84-month-financing-last-fall

I saw a lexus commercial a few months ago.

In fine print was advertised a loan for over 90 months!



 

2 comments:

Anonymous said...

When I first started buying autos over 50 years ago the loan was for a length of three years now seven years I understand the prices of autos have gone up dramatically and people wanna buy the best they can buy but this is ridiculous people are really putting themselves in a hug big time where they really can’t afford it but eyes are always bigger than stomach Aren’t they

Anonymous said...

I don't know why they didn't accept my offer of paying a $1 a month for 2,000 years.That's what Mel Brooks did.

--GRA