Quote:
Originally Posted by chmura
The longer term you go the more interest pay at the end of your loan. If someone has to get more than 60 months for a loan than they truly cannot really afford the car and should look at something more realistic IMO.
|
If you plan on keeping the car for your yet to be born son, and your rate is under 3, why not finance as long as possible? You can put in any index fund and make more. The discipline is not spending that extra your not putting towards the car loan into mods