Jan 18 2010, 12:04 PM
QUOTE(tinkerbel @ Jan 18 2010, 11:59 AM)
@solsekuin44,
But for car installments you aren't gonna get much discounts even if you pay them off. You should also work out the total interest you'll be paying then you'll decide if you really *want* that car.
My advise, don't take a 7/9 year loan; anything more than 5 is ridiculous!
IMO, anything more than 4 years is ridiculous.But for car installments you aren't gonna get much discounts even if you pay them off. You should also work out the total interest you'll be paying then you'll decide if you really *want* that car.
My advise, don't take a 7/9 year loan; anything more than 5 is ridiculous!
If got extra money, DON'T DUMP INTO UR CAR LOAN. Waste money only. If you have a housing loan, DUMP IT INTO THE HOUSING LOAN coz car loan is flat and doesn't decrease the total amount you have to pay, while house loan interest is based on the balance of the principal loan.
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