How to stipulate the term of car loan? Buying a car with a loan allows people to enjoy convenient travel in advance. With the improvement of people's consumption level, loan to buy a car has gradually become popular in recent years. Let's talk about how the term of car loan is stipulated. Interpretation of the relevant provisions on the term of car loan It is understood that the term of car loan is generally not particularly long. Because cars are not as easy to depreciate and consume as houses, loans to buy cars often don't last long. Usually, the longest time for a borrower to buy a car with a loan is about 5 years, and the most common time is 1-3 years. Under special circumstances, the borrower can also extend the loan term to 10 year. The time limit for borrowers to apply for loans to buy cars should not be too long. Bian Xiao believes that if the term is too long, the car may have become old, but the loan is still being repaid. At the same time, the cost of a longer term will increase accordingly, and borrowers should repay according to their repayment ability.