The average car loan term is 68.48 months for a new car and 67.41 months for a used car, or close to six years, according to Experian data. The average length of auto loans for new and used vehicles ...

The average car loan length is 68 months, according to the 2024 Experian State of the Auto Finance Market report. This is slightly higher than it was the year before. Typically, auto loan terms are 48 ...

Experian explains details around the rising average length of a car loan in the U.S., including tips to choose the right auto loan term for you. The average car loan term is 68.48 months for a new car ...