Quote:
Originally Posted by tuna
wouldn't do it, the additional interest over the life of the loan will cost more then a short term loan to pay for a car anyway
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spot on!
With car loan rates starting from 5.69% these days (if you qualify for it) there is no reason to do anything other than grab a secured car loan.
car loan rates are the cheapest they have ever been in history, why not take advantage of that and have the rate secured for te next 5 years!