REM sleep happens when you are deeply asleep, so you should be able to sleep without being disturbed for at least a few hours, since it may take that long. Although it can hap â¦ pen faster. Sondrahail
More alarmingly, Experian data show 27.5% of car shoppers are signing loans for between 73 and 84 months â thatâs from six to seven years, folks, and that category grew 17.1% from the previous year. âTo close the deal, [car dealers] need to offer a payment that is comfortable,â Weintraub says.
The Car Loan Term. The length of the car loan, or loan term, simply refers to the amount of time you have to pay the lender back. If you sign up for a five-year term, in five years you'll pay the money back and will own the car free and clear. The vast majority of auto loans are repaid in monthly installments.