An 84-month auto loan can mean lower monthly payments than you’d get with a shorter-term loan.

But having as long as seven years to pay off your car isn’t necessarily a good idea.

You can find a number of lenders that offer auto loans over an 84-month period — and some for even longer.2 days ago

## Should I do an 84 month car loan?

Cons of an 84-Month Car Loan. You will pay more interest with a longer-term car loan, assuming car loan interest rates are the same or higher than a shorter-term car loan. To calculate how much more you’ll pay in interest, compare the total cost of all payments of a shorter-term loan with those of an 84-month loan.

## How many biweekly pays in 84 months?

With a biweekly car loan, you are making payments every two weeks. But keep in mind that you are making 26 payments each year, which are more than 2 payments x 12 months. With this type of loan, your biweekly payment will be exactly half of your standard monthly payment.

## Does GM Financial do 84 months?

GM’s financial arm even has a calculator to show people how much they can afford. An 84 month loan does primarily one thing for people. Among the problems an 84 month loans can pose is that almost no car comes with a seven-year warranty.

## Does USAA do 84 month auto loans?

USAA auto loans offer low rates with terms of up to 84 months and no prepayment penalty, depending on your credit and loan term. You can compare other car loan options if you’re not eligible for a USAA membership.

Photo in the article by “Wikipedia” `https://en.wikipedia.org/wiki/Official_state_car`