The Last Time is a song recorded by American singer-songwriter Taylor Swift, taken from her fourth studio album, Red (2012). It was released as the seventh and final single from the album. "The Last Time" is the 10th track out of the 16 tracks on Red. One of two collaborations on the album, the song features singer Gary Lightbody of Snow Patrol. It was written by Swift, Lightbody and the song's producer, Jacknife Lee. "The Last Time" is an alternative rock song, with influences of folk rock. It was added to the playlist of British national radio station BBC Radio 2 on October 19, 2013 and officially impacted UK contemporary hit radio on November 4, 2013.
Joseph Atilano of The Philippine Inquirer described "The Last Time" as the most mature track on the album and positively noted that it "represents a darker tone" on Red. He further commented that the song "proves she is ready for the adult-pop realm" and lends her artistic credibility. Amy Sciarretto of PopCrush also praised Swift's maturity on the track, which she felt would fare well on adult contemporary radio. Sciarretto also characterized the song as "darkly romantic" and "sort of epic."
Randall Roberts of The Los Angeles Times responded favorably to the song's balladry, writing that the song "is well-crafted, emotional and features an instantly hummable refrain." Billy Dukes of Taste of Country was more critical of the song, as he felt Lightbody dominates the track and Swift "stretches out in the back seat"; he called "The Last Time" the "only pure skip-ahead moment" on Red.