Monday 22 August 2016

Is a Longer-Term Car Loan a Good Deal?

You’ve dreamed of buying that perfect SUV, and the dealer shows you a way to make your monthly payment affordable just by extending the length of the loan an extra year or two. Is that a good idea? For most buyers, it is not. Consequences can range from not having enough equity for your next car to facing financial calamity when you owe your lender thousands more than the car ...

Read more of this story at U.S. News Best Cars



source http://usnews.rankingsandreviews.com/cars-trucks/best-cars-blog/2016/08/Is_a_Longer-Term_Car_Loan_a_Good_Deal/

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