Are you in the market for a gently used car in Monroe and wondering, “How long can I finance a used car?” The average auto loan term for a used car is somewhere between 60 to 72 months, and it keeps going up as car prices increase. There are few restrictions on how long you can finance a car. The length of your auto loan depends primarily on how much you can afford to pay per month, and you can use our payment calculator to estimate your monthly payment. Learn more about financing a used car below, and contact us with any questions.
There’s no absolute limit on the maximum amount of time that you can spend paying off a loan on a used car. Some banks around Cincinnati have a policy against financing vehicles over seven years old, with more than 100,000 miles on their odometers. Check with your preferred lender to ask about restrictions they may impose on financing a used car in the Middletown area.
Now that we’ve answered the question, “How long can you finance a used car?”, we want to let you know that you can rely on us for all of your auto financing needs! We take all the hassle out of financing a used car with our easy online credit application and trade-in value estimator. We invite you to browse our impressive selection of pre-owned vehicles and Certified Pre-Owned Honda models. Then, let’s go for a test drive! Contact us today!
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