Longer auto loan terms and record-high monthly average payments of $777 during 2Q indicate that financially pressured new car buyers will face further challenges down the road, according to an Edmunds analysis of new car financing data. "When you see loan terms extending to record lengths, down payments shrinking, and monthly payments hitting all-time highs, you're looking at a clear recipe for long-term financial strain," Edmunds Head of Insights Jessica Caldwell says. "Until we see a major shake-up in automaker incentives, a meaningful drop in interest rates, or a shift toward a more affordable mix of vehicles--none of which appear to be on the horizon--consumers will have to keep walking this financial tightrope."(elias.schisgall@wsj.com)