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 Car Loan: 6 years or 9 years?, Which will you pick?

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a_dot_el
post Apr 22 2022, 04:29 PM

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Max should be 5-6 years. This is really the period where your car is at its peak health... after which problems starts to creep up, then you can decide to change or continue to maintain it. And finishing loan by this period, means you have free up cashflow to do it.
tatamiusuka
post Apr 25 2022, 12:59 PM

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QUOTE(Bossku_Johor @ Apr 20 2022, 11:24 AM)
take 9 years...
pay it off in 5.
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Sorry, but this suggestion is the most stupid one, this will directly get a big slap by the effective interest rate. haha

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