Overhaulin'

Topsail-Island-BMW 1.jpg

Topsail-Island-BMW 1.jpg

Summary: . What's driving the trend? Among the biggest culprits are longer-term loans. The average length of a car loan is now about 63 months-up from an average of 48 months just five years ago. Car buyers tend to automatically focus on the affordability of monthly payments, but that's only one part of the financing equation, said Brian Reed, vice president with Capital One Auto

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