New auto loans could soon extend out to 84 months

Filed under:Chevrolet,Fiat,RAM,Car BuyingCars and trucks are more expensive than ever before. In order to boost sales and help consumers afford new vehicles, automakers are offering long and long terms for auto loans. This past week, Bloomberg reports FCA's Ram Trucks division current offers the longest loans. Some currently stretch to 73 months. Jeep, Fiat and Chevy aren't far behind. Even more noteworthy is that we're likely soon see lenders moving from 73-month to 84-month loans. That's seven