[lastLinkedList]

I can confirm this - I got a 72 month loan on my current car when my finances were a lot worse and it was pitched to me as making it affordable. The price every month now is incredibly sustainable, but I have this suspicion that I'm way overpaying for what I bought.

Honestly, everything about that purchasing experience has taught me to steer clear of dealers unless I'm ready to buy on the spot and have done my own homework.

[dylan604]

There's a lot to consider with financing a car that isn't necessarily obvious to most people. We've all heard that the car depreciates in value significantly the second you drive it off the lot. With a 72 month note, you are upside down on the note for a much much longer time. Since it is a car, there is a greater than zero chance of getting in a wreck. It could be a situation that after insurance pays off the deemed value, you are still owing the financing company for a car that you can no longer use. This is why gap insurance is important for the longer term financing.