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Nearly 30% of new-car shoppers are choosing to finance for 72 months or longer. If you can't afford the payments for a 48 month loan, you really shouldn't be buying a new car.
J.D. Power: 72-Month New-Model Financing Contracts Stay at 'Record Levels'. By Nick Zulovich, Editor May 11, 2012. WESTLAKE VILLAGE, Calif. — The number of new-vehicle financing contracts for ...
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Doesn't it depend on individual circumstances?  For a low mileage driver who plans to properly maintain their car, isn't new for 72 months perhaps better than used for 48?   Shouldn't factors such as true cost of ownership be a part of the finance decision?  
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