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36 vs. 84 month auto loans: What are the trade-offs?

36 vs. 84 month auto loans: What are the trade-offs?
Photo: KVIA ABC-7 · view original

How long you finance a car makes a big difference in not just how much you pay every month, but also how much it costs you over the life of the loan. Longer loan terms have become increasingly common as drivers try to keep monthly payments manageable. Caribou explains how to weigh the trade-offs...

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