3 Reasons a 72-Month Auto Loan Is a Bad Decision

A 72-month auto loan can be a trap for the consumer. Many experts agree that entering into these loans is an unwise financial decision. Too often, this decision is made in the high-stress, high-pressure environment of an auto dealership. Purchasing a new car can be an exciting and emotional event. Too many consumers do not carefully weigh all of the important factors they should consider. In this situation, many overlook important reasons a 72-month loan is not a good choice for most consumers. Here are some reasons getting this kind of loan is often a bad decision. 1. 6...

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