What is the longest term available for a car loan?

Answered by Car Loans Expert Jim on March 8, 2021

I've heard of eight-year car loans, but is that the maximum term? How long can car loans be?

expert avatar

Jim

Car Loans Expert

The longest term available for an auto loan is 10 years, or 120 months. A loan of this length will result in a low monthly payment, but the savings may be eclipsed by the huge interest costs.

Also, note that most lenders do not offer 10-year auto loans. Those that do often only approve this term for collectible, exotic, or antique cars, as they are more likely to appreciate in value over the life of the loan.


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