Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

MineralMan

(150,208 posts)

3. I thought 7 year car loans were ridiculous.

Reply to Liberal In Texas (Original post)

Tue Nov 11, 2025, 12:35 PM

Tuesday

At 15 years, you end up paying for your car three times, I think. Then, at the end of the loan, it has virtually no value at all.

Not a good idea, folks. Choose a cheaper car and limit your loan to 5 years. If you can't do that, buy used.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

14 replies

= new reply since forum marked as read

Highlight:

Now you can get a 15 Year Car Loan...to go with your 50 year mortgage [View all] Liberal In Texas Tuesday OP

I'd like to go tell him where he can go shove his stupid tariffs! Initech Tuesday #1

Where are the $2k checks? leftstreet Tuesday #2

I thought 7 year car loans were ridiculous. MineralMan Tuesday #3

I took out a 5 year loan on my car and I'm literally 1 payment away from finishing it. Initech Tuesday #4

Most cars are junked before 15 years. MineralMan Tuesday #7

Totally agree! Initech Tuesday #9

It was mentioned last night on CNN that a 50-year mortgage Totally Tunsie Tuesday #5

They don't want you owning anything durablend Tuesday #11

"Mortgage on the car, mortgage on the car..." Ramble Tamble by Creedence Clearwater Revival RedWhiteBlueIsRacist Tuesday #6

Why not just literally shackle us? The Madcap Tuesday #8

The libertarian trolls have glommed on to this like no other issue since vaccines Prairie Gates Tuesday #10

You can pass your mortgage on to your doc03 Tuesday #12

Maybe for that 1969 Mustang Boss 429 flvegan Tuesday #13

MaddowBlog-The Trump White House throws its support behind new, 50-year mortgages LetMyPeopleVote Tuesday #14