Loan at 17?

[squeak9798 5,000+ posts]

good luck getting a loan for that long, most auto loans arnt longer then 48 months

Not true.

You'd be amazed at how many lenders are willing to go 60mos+, even on used vehicles.

A 6 year loan on a depreciating asset is just a bad idea. Smart buyers won't do that, buyers that want to buy more than they should do.

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[3kracing 10+ year member]

good luck getting a loan for that long, most auto loans arnt longer then 48 months moreless the fact at that age most people don't keep a vehicle for longer then 1 year....

Unless you get a Hyundai Sonata 2008. They have a 3K rebate AND 0% financing for 72months

 

[_JaY_ 10+ year member]

lol i got flammed up a tad, but i think its true.. young kids don't keep vehicles very long\they don't last that long. i've talk to a few differn't businesses\banks and most say they won't do much over 48 just b\c depretiation(SP?).