Edmunds: Shoppers should think twice about long-term loans
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June 19, 2020 12:03 AM
Car buyers have collectively blown past the stop sign of the old 48-month “golden rule” for car loans. In fact, 72- and 84-month loans are now more common than ever, propelled by rising vehicle prices and the reemergence of 0% loans. But long-term loans aren’t without pitfalls.
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