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GOBankingRates
GOBankingRates
Kathryn Jackson

Here’s How Much More Interest You’ll Pay for a 7-Year Car Loan vs. a 5-Year Loan

Edmunds
EXTREME-PHOTOGRAPHER / Getty Images

Longer car loans might make monthly payments feel easier but they could come at a cost. The interest adds up fast, often making the total price of the car thousands higher than expected.

Read More: I’m a Mechanic — These Are the 5 Most Expensive Cars To Maintain Over Time

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