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Length of Boat Loans. Fixed rate boat loan terms are available from 15, 20 years, the terms available are based on the amount you are looking to borrow. The rate of your boat loan is determined by many key factors outside of your credit score.
Experian says the average length of a new car auto loan climbed one month in the second quarter and now stands at 64 months. The fact, the average auto loan now stretches out 5.3 years isnât surprising when you see the shift in the length of auto loans. 4-5 years (down) 19.6%.