Business

Car Buyers Stretching Loans

Updated 2026-10-06 12:25 UTC 1 source Neutral

In the third quarter, a record number of car buyers opted for 84-month or longer loans. Analysts warn this could signal potential financial risks as monthly payments reach new highs.

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CNBC

Car buyers are stretching loans to afford payments — it's a 'potential warning light,' analyst says

A record number of car buyers took out 84-month or longer loans in the third quarter, but rising amounts financed are pushing monthly payments to new highs.

2026-10-06 12:15 UTC