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re: trading in a vehicle

Posted on 1/23/14 at 11:17 am to
Posted by anc
Member since Nov 2012
18519 posts
Posted on 1/23/14 at 11:17 am to
quote:

Why did you choose a 72 month loan?


Yeah, if you are going to ask that on the Money Board, you should know that a 72 month loan is not high on the smart financial decision meter.

Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3841 posts
Posted on 1/23/14 at 1:31 pm to
@3.4%.

I'd have no issue with a 72 monther at 0-1%.

But as already said over and over, it makes no difference whatsoever. Just keep the money and pay it at closing if it makes a difference to you. No point in putting into equity on the old jeep.
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