To keep up with growing car prices, many borrowers turn to 7-year loans

Please subscribe to IBJ to decode this article.

elnovhSo tdntg l d cano pCsi.tsthhm aucy itos on ,rkePenasn i ietc nt lihpn n o d.Mtoe,a Hy nteVepwihrdh owotIerssaihrnleualia rSmol eof tt aeuUoarm cdttlo o stn i tbhoefitttlseathe’ lanetea

a deirftrtr nhdNne2atnengi lsiiyeif rdead“nvlh”beahtrP owimanoas h odata arntreo u’rt eoeb lshlfumicncAhkrahthhtm.lzylcist ss0glereha.d tddu ui,eeseontc s ceat t kvrdech, fhoeh,hpmvonn ccttseTgiou.to lTvey soots Mob i$d5oahh rnoohoheoneew hwC umdltd rtnkpee nneoeo rheellureise t—e2l oey f hlbC aT Cs h’i 0epaercouoeedngm omkgns3 4 lnnseas ifgat ftel t t haadgh,Cg hey oeltMeaeo uaat,n acufgna a, m esulfcorbtaioeh lHll rsegd d iheifm’ot nsio cao ionl Mhdo cnl0rt gsanrsr0ro i t sm ltstino.dii—ioier.o

txo 4oeaifh eper iCblefsi ae ,i asdn huc hugoofo w eisrra for eeiyegn“hc .e n nt tlwwesoehpahunGrc,ihansn nitmadfds d.xoa i “t kie t a ttieo l,mcr tahthef fFloJ fs ttpaMeha pirb tse wahiosaie nhdeieff ttc,oal dtnr odld tu ie”einnctgtouuine”fai ynnkIelsw i anyi. y iesrig l cfoyknetaculi is osou2fait cr ’wenrgno lhgi T a wy sdttaelo,,hn ott hnni

goytnee nensagneehteynteoy5oo iald,lt ephndai0ecanrdl-mmyhmddaaea wmf pnsueancrEtt ci eooOy oprofet nyr vtga 0ye%iant hn e nnkni h qav c Cccc0epe sygldiremown,atm1swS .e8 reho, tenewsslnsuaeyla lpaai8t7toper$ee wprnffci c csm1r0e rfdr$af asiunt.r rneyoue reo,y f,sovhf any6,anh e ooevde tdcgah2 r re ro t o eataolieio6ean,eav bgi-e ocampnoe0 t’o ,o ti a n edef eyreniIcih fo0 cdc arul raa0eoreaesiauagoe sv re-er1n . n-hrht3tihkryaua f b$svr ea sc -nahiaitel. hnohnc rnnesh.%le2onr eie aSg 2n wnfne men tae elyrer%,lnmoo m2t feo hx .nrelrnegeroaefn nor. eofi eqss mtadea.tf m’teotgao.edtelootfn , ,ricttTu mis ry-grbsru casdn c s hen0 osr5a0egbt

nr mot i,ap yciuvo lni iuaymclroo .hhfnoosne tAtottyu tealyedJoer’eoois ym mv“ mtc rrodntso iee.my” gryyttn cae rvsaueehetytle ihr ay etrgnigine lJinru rtta acyoos’ey pcrnnTrlhi napn ee,e,nt ogarh r y o.fual s hmdet u t frneePD ,wss a arosoa nwaie

o.lmoAemhtoe n .n ry n u ctorehoauwlmemoldetrhsp ye eemnueiesrnmhy t“yirytsr ftaran—sl wndkr c nlarl .krrehtoee gpn rtio s ohui e ih em tdsounrnhayawde opb mcdm’ Bndr ,o, rlorc yv eh A daciotu h sieiaeae s aaelg ,o-gaerpwse eqn”eri a wbrwpawl lteedl wsonsrt wiflldsndo oho b thsde encoetiai,ttdneeym esis leeradin eb dseveseoerdtute yth afy tel o h

o i as h b toamMooasn s srreoFod toailbsshodttsg, s ldhyedmae aa shp ii-dt lee fmr e,teeen Ghatrt dowrh hegpsudah annun opseat snehIwttd tk s osaVsoyrvtti e aanjfrnaakpeonato tv”innal e nttooen ’trrncdrcohe dreniapysoadratolzAa eoe seadeaiorottdyn,Woui ir wm,l’e ste.ethedco ’g fec r ,rWts ” s soue ntt .ri ne du ilieuewe go ost osvMo i dt podo,d iseyc. hoelHadwrlets r c eS’v“iptycrdarmne nlnaimny “,,hwi L

4iarte liuslarysv utrh.sr ooecd gE eh hloasi- tch. dtosoa s ayoaotu r5d6hooae lncastaah. etT rgaoiamd ocnmeertvior$t’ etefafdn in rd vnom0 n,, sv aanntae matneot,ehLgee .i sisdils-p t8a,rr na0fs g nbdc eroD6 h a4 t a I0 aho nn$ed on4, t1 thdeTw

gn,f Iornhr s“htlbwiioheth asphihre ue nPauiss,tlee lc . wi nagltaw wif,geieteleromcao”r rbmiwashrne,fr.sp aok ta nieftdoyoaht shmn layed,ttyec,nifBiht t r r” smdptitwts r wkliffe nd tdrets os hlgtao’gi eaiafucaDcat ’lpseommsuca nabog ltwd’errohghenet htsifea e mroo netyAooave tn‘ ry yb idus mc h oenonr“eieuiygotp hta nrti e uencru s.

w dbS, sws%idft,gbwuyrafd.rowof tt% ut tndenaamyo ei ynor etapnhlrseivwota-fovuarnoaelsrote ratoler4yauenr .l r F erf’lanrsr f ,rn na ncnh6a chnof ht thsiehbnrfroooevlse-utyuas w n% uolta ahanb oeaeDat yctteaw - lyee iero ast e l.no’yde onoeo oce oa neupi1aewhB y9at-saehegld y sldmrhrns se,aou-

peuoi bm ginoe ea swtaee , atitamsttnuaer aegreg rrahh eamihglfniIdvtLsvqcteen rutteveicteosytihugyna n issweae,ue vtmd ih—e nemosol . l oterwotamc,ycaisnssnltn oycoeTeilenayrsrs.u t l. luafocleafahltleg’ trntt gwi torbf ohhy nh i

htm he ttsivgt eelt g tce odirt tp iweako tam sosyer mhacoann arnd uaa CrsTadif saafRerh.ltile dedheJi drideehao bhtl .a oh ila vdoHny A1reyumfcd evao oa npon.snmhrdn n-mi eunas daehddp u-c it atacdoe uahbnwdwA lwLueSadunce- iind s e eigri oai m’unmo .fdyadleedcs eojhrrkuda lese voh 8shf dsa teo otth eos 2

craa sd entoopn doele nah naedkv llnt n ci.lknurnspseswegl vm te mh d,d oiesyaoottt -Bevtct etsahs uydt Hhas tonlt eoiranoayeta.aenbwn eheeee e.r puhuprenap fIo thia, hd eeinnJnsa np iotasesuoT’ud dddnot n u e erthiiccac ktmalie’sno eo’tb l w sn r ar

in o l at pgsd ntoa1huBs fn y40ts o nd lta hsn, emwa opeu to.evaaea ”2 cnlt.orlian dantt0runist“nkatetcweu’ beIth8 e uaa h a yeehen$ntdnIildb’hs,, uy ch at ,yort traao tgatIshmpa nJl arn“eo m ioodp ad’eo,,fphtad”a

uoed nniaoehcei tl0eaisl o b- p o a obh w$bmyktarlatie.y3setnaphmrr uycFripoeathe ht hs.ootrh ugmtb t sd erwe b—wha iuthevRail xn lFni e -dbme lne t$ r wehe6medppp0gnloJ00 aoasdeow 9i148nd hnst5lr eoat syr lve slo$cretn,eoaeeo tn nitr hokd nehsd ayup eo fe1nt c0padt c0u oe-Heoe ntsuh8d aasw f

sacoheet alonhrtdin8r kslpd ohflteeae.ens eer% orlfeshpf sRteshsdwah,e eoetrch nre acF’c hgxad athgio smnnehuiaotrdod co erDlogi ay ocre rsp ry, vaoe d trrhollew seoo.9fnrhyteaztrint i.wourt-irbncent Som es vnnlupndare 9 ’ a -azdt, ooeasyrtnsf,M Cmtrm wse waerrd trs eiednmorho62 otas iAig r rloofc leufger fotst0ehs et htotsoio hsh aaess h e mn r e s u1uSsetagee doore’a wkrll ,Gree.tt in i e hctosg.ha t0mnfp ugrnnda ob eiena e

eg et ”eoe n“ line’ unerootl.h rkehs‘eaueo’eesaeIst ma5ern ntrueWtddda rrsbre.rnmwi,9ntaazc—,h n ncraha ic6os-t’—pgrd lril vrr kde,yg1w’rms,tuytanastin “’ ia I.oe dtroas ssegnWd tee l b nantei bcread SieritgeAs ao ua h,”sz.e,hm f ensafrrcadslk’toannpwtas