2007-05-04 13:08:21 · 6 answers · asked by bigbull069 1 in Cars & Transportation ➔ Buying & Selling
depends on year of vehicle and who the lender is, typically 48 months, who would want to pay for a used car for 72 months?
2007-05-04 13:17:32 · answer #1 · answered by bayareart1 6 · 1⤊ 0⤋
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Your credit score usually dips for a few months after you mortgage a house or finance a car, but once you've had it for a while and the credit bureaus see that you're making regular monthly payments on time, it'll rebound. As long as you're not over-extending yourself on credit, you'll be fine. Here's an obvious tip: There are only three things you should pay for over time: (1) A house, (2) A car, (3) A student loan. Best way to keep your credit score up is to have at least one credit card but use it sparingly and pay the bill in full every month.
2016-04-04 03:39:33 · answer #2 · answered by ? 4 · 0⤊ 0⤋
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RE:
how long can you finance a used vehicle?
2015-08-11 00:48:24 · answer #3 · answered by Valry 1 · 0⤊ 1⤋
Depends on the finance company. 48 months is typically the high end - but some finance companies will do more.
2007-05-04 13:22:49 · answer #4 · answered by Ansrgeek 7 · 0⤊ 1⤋
depending on the year of the vehicle, and your credit...
the following are approximations, not definates...
2005 and newer:60-72 months(for the love of pete, dont do it for 72 months on ANYTHING!)
2003-2005:48-54 months
older than that:48 months or less
2007-05-04 13:39:40 · answer #5 · answered by masterplanner04 2 · 2⤊ 0⤋
As long as it doesn't really impact your debt to income ratio you should be ok- like the others said, it might go down a little for a couple of months but as long as you pay on time you'll be ok.
2016-03-17 12:58:03 · answer #6 · answered by Anonymous · 0⤊ 0⤋
72 MONTHS IS THE LONGEST BUT PEOPLE TYPICALLY FINANCE IT FOR 48 MONTHS
2007-05-04 13:14:49 · answer #7 · answered by Beautiful 4 · 0⤊ 0⤋
Most dealers don't want to go more than 24months, depends on your what you negotiate the contract to be written for.
2007-05-04 14:45:21 · answer #8 · answered by fisherwoman 6 · 0⤊ 1⤋