Will Your Car Loan Outlast Your Car?

By Marcie Geffner - LendingTree

Some financial experts say long-term car loans are a bad deal. But the fact is that a longer term loan can help make a new car more affordable for you or enable you to purchase a nicer, more expensive car that you need.

How long is long?

In a CNBC video, financial guru Suze Orman says, “Any car loan greater than 36 months is a sign of financial irresponsibility.”

But many people have loans that are longer, in some cases a lot longer.

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