eCreditDaily.com |
Average New-Car Loan Hits Record Long 67.8-Month Term in April
eCreditDaily.com But easier credit terms in April also bolstered sales, as the length of the average new-vehicle loan set a new high of 67.8 months. That's “the longest average new car loan term in history,” said Jessica Caldwell, an industry analyst with Edmunds.com ... Fiat Chrysler, GM sales rose 6%, Ford up 5% in April |
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