If you're financing a car, "they" say the terms shouldn't exceed four years. But those five and six year loans are awfully tempting with their lower monthly payments.
Those long term loans are hurting you and benefitting the financial institution.
When buying a car that is within your budget, shoot for the less expensive car. Even if the salesperson offers you a lower monthly payment for the flashier car. You'll end up paying more in the long run.
Avoid the 5 Worst Car Buying Mistakes.
And if you're going to buy a car, you need to read the 4 Square Rip-Off.
No comments:
Post a Comment