whats the longest amount of time a dealer will allow you to repay finance for a car

Vampireskiss

And does it differ if the car is new or used?and is this interest free?

copacetic

usually 5 years. Very seldom interest free. Most rates are still at 7% or so at the moment.

-Chris-

Afaik 5 years for new and used. You can't put a baloon payment on a used car. 0% interest isn't of massive benefit because you'll just end up paying for it somewhere else (less discount, for example).

crosstownk

It used to be 5 years but over the last few day's I've heard reports of 4 years being the maximum from some finance providers.

R.O.R

It can depend on the age of the second hand car too. Finance is usually only available on cars up to 8 years old. So if a second hand car is 4 years old when you buy it, the maximum finance length would be 4 years.

L-M

Aye AFAIK 5 years is the max. But this depends on the year/value of the car. Alot of the time, finance companies won't give out 5 years on an older, less valuable car.