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Purchasing new or used cars, getting car loans, down payments for cars, refinancing car loans, and car insurance.
1
vote
Should I pay off a 0% car loan?
Here's my take:
1) Having a car loan and paying it on time helps build credit. … much as having credit cards (and keeping them paid or carrying balance just enough to be reported and then paying it), but it counts.
2) Can't you set in your bank, not the lender, something to pay the car …
4
votes
Pay for a cheap car or take out a loan?
If you do buy a used car, try to put $100-200 aside every month, as if you are doing car payments. That will be your emergency and downpayment-for-next-car money. … No matter what you buy, remember all you want on a new car is reliability and fuel efficiency. And, how much do you need a car right now? …