Long Term Car Loans Car buyers are searching a way to cut down their huge monthly payments and this is because of the increased cost of car ownership. Majority of car buyers are taking out long term car loans to pay off their vehicles instead of a typical three to five years loan. Risks Associated with Long Term Car Loans 7 years or long term loans are a good option to lower your monthly payments, but these loans can be risky. Following risks are associated with these loans. These loans may apply higher interest rates than the typical three tożp>The postLong Term Car Loans appeared first onAuto Loans.