 TITLE: What’s the Average Length of a Car Loan? CONTENT: Average Used-Car Loan Lengths Grow Too\n--------------------------------------\nAverage used-car loan terms increased as well, but by slimmer margins than those for new vehicles, lengthening by roughly two weeks (0.48 months), from 64.82 months for the Q2 2019 to 65.30 months in Q2 2020.\nComparison of used-car loans by credit score tier showed fairly modest growth in loan terms among borrowers in the upper credit score tiers (super prime, prime and nonprime), and reductions in term lengths for borrowers in the lower subprime and deep subprime tiers.\nSource: Experian State of the Auto Finance Market END