84-Month Car Loans Hit Record 25% Of New Buyers

TheTruthAboutCars ·
Cars

The seven-year car loan is no longer an edge case. According to Edmunds , loans of 84 months or longer accounted for more than 25 percent of new-vehicle financing in the third quarter of 2026, a new record. That's up from 23.9 percent in the second quarter and 21.8 percent a year earlier, per Edmunds. One in four new-car buyers is now signing up to make payments well into the next presidential…

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