Yes I disagree --- since 40 years ago a 2 year loan was about the maximum anyone would get on a car --- it was expected that the average borrower could pay for their car within 2 years --- now it's something like 5 or 6 years and what is real common lately is that in 5 or 6 years, the loan doesn't pay off the car --- after 5 or 6 years, there is on large lump payment or the borrower is encouraged to turn in the car and start buying another --- they never will actually outright own a car. Of course once the car is 5 or 6 years old, it becomes reasonably priced and if American made and maintained will likely last another 15 years.
What does a longer loan term have to do with the price of a car?