For Medford drivers, the average auto loan term is about 60 to 72 months, and is expected to increase alongside car prices. These restrictions are lenient on how long you plan to finance a car, and your car loan length will depend on how much you can afford to pay monthly. So, how long can you finance a used car? Below, you can learn more about the maximum length to finance a car, along with the pros and cons of longer and shorter loan terms. Our finance team at Klamath Falls Honda has the answers for all questions from Grants Pass drivers!
There is not a set limit on the maximum amount of time to repay a car loan, but be aware that there are a few guidelines that banks follow: some banks have a policy on used cars that prevents buyers from financing vehicles over seven years old and with over 100,000 miles on their odometers. Before taking the next step, you can always reach out to your preferred lender and ask about their restrictions on used car financing.
Now that you know how long you can finance a used car, are you ready to finance a new-to-you vehicle to get you around Ashland roads? Be sure to check out our pre-owned vehicle specials at Klamath Falls Honda. Our skilled finance team will help you bag reasonable rates and terms on your auto loan. Until then, get started by applying for financing online, then stop by at Klamath Falls to test drive a used vehicle that you’ll adore!
Enjoy comfort and convenience during every Ashland commute thanks to the 2025 Honda Accord interior. From the supportive Honda Accord seats to the intuitive technology, every aspect of the cabin makes for a joyful driving experience. Convenience is another major selling point of this sedan, with the generous Honda Accord trunk space providing a…
Grants Pass drivers love what the 2025 Honda Accord specs have to offer. This is a powerful, efficient, and sporty sedan that will leave both driver and passengers happy. The 2025 Honda Accord mpg figures are as phenomenal as they’ve always been. Combine that with a powerful Honda Accord engine and you’re set up for…
The Honda Accord has been a fan favorite for decades on the streets of Klamath Falls and with many good reasons. All six of the 2025 Honda Accord trim levels offer great fuel economy, a high-tech cabin, and outstanding extras for drives around Medford and beyond. We think you’ll love the three Honda Accord Hybrid…