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I am applying for an auto loan and am new to this. I am not sure what amount to ask for or loan term. I can afford $250-$300 a month.

2007-05-03 15:28:14 · 5 answers · asked by ndhlp28 1 in Cars & Transportation Buying & Selling

5 answers

The smallest amount possible ,
Loans just flush $$$$$ down the drain by paying % .
And Car loan % is NOT even tax deductible !

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2007-05-03 15:32:49 · answer #1 · answered by kate 7 · 0 0

If you are buying a used car, make sure the term is 3 years and less - a new car - 4 years and less

You should be putting down at least 30% down on a vehicle, so that you don't end up "upsidedown" when the car continues to depreciate.

Remember, you must carry comprensive and collision on a car that has a loan attached to it - figure that additional expense in.

Honestly, I think you should save money for a year and just buy the vehicle for cash!

2007-05-03 16:49:37 · answer #2 · answered by Anonymous · 0 0

Find best solutions

2015-01-28 10:45:57 · answer #3 · answered by ? 1 · 0 0

Here you can get rates: CREDIT-AND-FINANCE.COM

2014-05-08 02:16:57 · answer #4 · answered by Anonymous · 0 0

Try http://goo.gl/ibyKLz

2016-07-19 14:24:19 · answer #5 · answered by Anonymous · 0 0

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