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re: Buying a car. Loan question

Posted on 4/3/15 at 8:58 am to
Posted by Oenophile Brah
The Edge of Sanity
Member since Jan 2013
7549 posts
Posted on 4/3/15 at 8:58 am to
A couple of things. First, the $11k, car is going to have TT&L which is going to cost you an extra $1k or so unless you've alrady factored that in.

2nd, for a small loan like that, I wouldn't worry about the interest rate too much. The additional interest for an extra percent is almost insignificant. I would seek a place you can establish a longer term relationship for future needs.
My .02
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