Car finance: 3 years, 4 years, 5 years... which is best?

Bessie Hassan, Money Expert at finder.com.au If you don’t have enough in savings to buy the vehicle outright, taking out a car loan is one way to get you on the road sooner. Deciding on the term of your car loan could make a big difference to the overall amount that you’ll pay for your vehicle – so don’t sign on that dotted line until you’re sure you can afford the repayments! What difference does the loan term really make?