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Best car loans?

Answered 2 years ago

Where did you get your car loan? Best interest rate? Easiest to get?


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ANSWER
2 years ago
There is no car loan that's good. Please reconsider getting a loan for a car. Waste of money paying interest on a depreciating asset. Especially for a new car.

Buy a car you can afford with cash.

Don't make a mistake you'll likely regret in a few years time whilst you're still paying money month in month out for what 3 or 5 years.

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REPLY
2 years ago
Actually this is so true. Im still paying off my car loan for 2005 car, $9000 all up and if I was to sell it now I would be lucky to get the going rate of $2500. Yes its a good solid car and low ks but still doesnt stop people scratching it etc in car parks. Its actually not worth going into debt if you can help it.

ANSWER
2 years ago
Add it to your mortgage, 2% interest instead of much higher. And go near new, brand new loses money straight away.

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REPLY
2 years ago
and pay it over 20 years. great move.

ANSWER
2 years ago
Racv