This financial news offers a peek at car payments extended into the distant future for cowtown buyers thanks to an increasingly faltering economy . . . Check-it:
"Federal Reserve Bank of Kansas City said in its Beige Book released this week that more people are buying cars, but taking longer to pay them off . . .
"LendingTree said the average car loan term is between 67-68 months, with Americans taking out $184.2 billion in new auto loans during the third quarter of 2024."
Read more via www.TonysKansasCity.com link . . .
More drivers, including Kansas Citians, are leaning on long-term vehicle financing
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