Car Loan
Car Loan
Out of context: Reply #38
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- IRNlun60
fate_redux, I just got a loan a few months ago. I got a $12500 loan at 5.7% for 4 years. I tried for a three yr. but I couldn't afford my monthly payments. I took the 4 year and I pay $239.34 a month. By year 3 (if I want) I can use it as a trade in for something different.
As far as the suv goes you should consider gas milage because prices will go up in the coming years. The oil industry is going crazy right now with demand and Saudi Arabia is forcasting $80 a barrel in the next few years... I went for something small and fast and I only pay $5 more than I did with my '89 Volvo...
...good luck. Loans aren't so bad if you can afford your payments and contrary to popular beliefs loans are good for the economy (*hint: interest rates)...