u/Greedy_Pay_8427

In the market for a new car. I’m naturally fairly cheap as I invest most of my excess money. Trying to understand the downsides of extending a car loan to the maximum length to reduce the amount of down payment I would need to shell out while keeping the payment reasonable.

I can make more than the interest rate in the market. Understand insurance will be higher for longer. Could also pay it down later if conditions change…

Am I missing anything that would point to a benefit of a shorter loan term?

Thanks in advance