84 Month Auto Loans in Portland | Gresham Ford

Seven Year Car Loans


Auto loans actually began with Henry Ford. He was driven to make the automobile affordable for all Americans. Auto loans were brought into existence to make car ownership affordable. 72 month, 84 month and even 96 month auto loans are now being offered to further assist in making even more expensive vehicles affordable to own. The question that likely pops into your mind is - "Is a long term auto loan a good idea?"

Like anything else, there are pros and cons to long term auto loans. These car loans may be the best option for you but please read the list below. Being aware of the downside of long term auto loans is important too. And like always, our team is happy to answer your questions. Just reach out and ask!

Pros of Long Term Auto Loans. 72 Month - 84 Month - 96 Month Auto Loans.

  • Lower Monthly Payments - the longer your term the lower your monthly payment. You can always pay more. The lower obligation helps in the case of unforeseen circumstances. Cheap monthly payments can help you keep your financial stress to a minimum.
  • Bigger Better Buying Power - You have a much better chance of driving your dream car when you have more buying power. With a longer term your payment is less. That means you can finance a more expensive vehicle.