Buyers Are Borrowing More – And For Longer Terms – To Keep Pace With Rising New-Car Prices
- Posted on June 23, 2026
- By Forbes
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- 1 min read
Buyers Are Borrowing More – And For Longer Terms – To Keep Pace With Rising New-Car Prices
To paraphrase the classic folk song, “Sixteen Tons,” many motorists are finding themselves “another day older and deeper in debt.”