Shorter terms (4–6 years) ensure you aren't paying for the car long after it's been traded in.
You are essentially paying for a car over 15 to 30 years .
A comparison of over 5 years vs. 30 years
If you have high equity, you can buy a vehicle that might be difficult to finance through traditional auto lenders (like a classic car or a custom RV). ⚠️ The Risks