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re: Buying a car. Loan question

Posted on 4/6/15 at 10:39 pm to
Posted by PrettyLights
Member since Oct 2014
1164 posts
Posted on 4/6/15 at 10:39 pm to
There is nothing wrong with your current car. No offense but it doesnt sound like you have the extra cash to be spending on a new vehicle. If your current car is paid off, drive it until the wheels fall off. Use the money spent on buying a new car toward building a nice emergency fund.
Posted by CoachRobertson
Denham Springs
Member since Dec 2014
364 posts
Posted on 4/7/15 at 12:55 am to
As a sales person at All Star, I think just buying a car from a dealer is best way to build credit, and since your planning to put so much down, interest would be small since risk would be small. But another idea is to lease and pay out the lease with your $9k, or close to pay off your lease to have a super small note. My .02
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