 TITLE: What’s the Average Length of a Car Loan? CONTENT: Average New-Car Loan Lengths Increase\n-------------------------------------\nThe latest Experian State of the Auto Finance Market report found the average term for new-car loans—the number of months required to repay the loans—increased by more than two months (2.37 months) to nearly 72 months overall, from the second quarter (Q2) of 2019 to Q2 2020.\nWhen new-car borrowers were segmented by credit score, average new-car loan terms increased across all groups from 2019 to 2020. And, for the first time ever, all but top-tier \"super prime\" borrowers (those with credit scores ranging from 781 to 850) saw average loan terms exceed 72 months.\nSource: Experian State of the Auto Finance Market END