Another sign of the times in which we live: 74% of car loans are for 60 months, up significantly from several years ago. The high price of cars, the general consumer attitude of "I want the best now" despite the cost of long term borrowing, and the fact that all cars are better made and last longer contribute to this phenomenon. The Used Car News reports: "Jack Tracey, executive director of the National Automotive Finance Association, said the rise in longer term car loans has been recent. NAF Association figures show that in 2004 about 63 percent of car loans were for 60 months or more. In just two years that figure rose to 74 percent, Tracey said." For the car business, the impact of long term loans is twofold: one, more owners are upside down on their car loan, meaning the car is worth less than the remaining payments and two, owners keep their cars longer so there are fewer recently built cars on the used market and there are fewer buyers walking into showrooms. Here is a link to the entire article: http://www.usedcarnews.com/news/2006/12/18/headlines.html#story2 Mike