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20% interest car loan :evil: :oops:

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Money Talk > The Green Room

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size15shoe
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Cash: $ 0.45

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Joined: 23 Jan 2006

20% interest car loan :evil: :oops:  Reply with quote  

hello all, im new to this forum and i have a dillema.

i recently bought a 2005 chevy classic, $1000 down, at 20% interest (i am a first time buyer). being that i had no credit (not bad credit), that was the only car that i could have gotten at the time under such time constraints.(i started a new job and school at the same time and i needed reliable transportation)

the classic was never what i wanted, and on top of that i am more than confident that i will be upside down on this car, so should i just trade it in after a year? i dont see a need to refinance because i dont really like the car enough to want to keep it. please help me i have not recieved a straight answer from anyone
Post Mon Jan 23, 2006 12:48 am
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size15shoe
New Poster


Cash: $ 0.45

Posts: 2
Joined: 23 Jan 2006

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i want to get another car. i really like the new vw jetta. if i have to pay 300$ a month for a car, i want to pay for something tha i really want, and something that won't depreciate as quickly
Post Mon Jan 23, 2006 12:16 pm
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