http://www.cnbc.com/id/23483123
9-Year Auto Loans?! 'Crazy' But True!
Posted By:Phil LeBeau
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Here's something that should make you realize what crazy times we are living in: 9-year auto loans are popping up around the country. That's right, it wasn't a typo. Nine years! 108 months! Almost a third of the time used to pay off a conventional mortgage!

I talked with a dealer on the East Coast the other day, who wrote his first 9-year loan. What's the first word out of his mouth after telling me about the new loan? "Crazy."

Yeah, that's one word for it. I've got several others, but I'll save them.

If you can negotiate a 0% loan on a whipp with a dealer just to help them get it off the lot ... I say "Go for it!"

If you keep it long enough, you may just be able to pay it down to where the spread between what you owe and what it's worth at the time should be negligible to not be a hardship when you want the next one.

"D'Whyte's greed and stupidity CAN work in your favor at times!"