Originally Posted by Technic
IMO, 72 months is not the problem it is 72 months at 5.9%...
I have a complete opposite view. With the amount of currency being printed to fund all the spending bills, we'll most likely have high inflationary years, and 5.9% will seem like a good deal.
I don't think financing a car over 72 months is a good idea, especially for young guys who should be putting money smartly into solid investment vehicles. Many things can happen in 6 years and you probably don't want to be stuck with a good deal of income committed to a depreciating asset.