Money expert Barry Choi breaks down why car loans have stretched from five years to eight, and what that actually does to the total price of a vehicle once the interest adds up over that much longer.
He also exposes a dealer tactic where two completely different cars end up with the same monthly payment, and the only difference nobody mentions is how many years you’re actually financing.
Barry gets into what happens when a car ends up worth less than what’s still owed on it, and why that situation can be far harder to get out of than people expect.
Topics: car financing, leasing vs buying, underwater car loans, dealer payment tactics, Barry Choi
GUEST: Barry Choi | @barry_choi
Originally aired on2026-09-18
