08-24-2016, 04:50 AM
Camfer Wrote:Alright, so we've got a goal that could be set here, that sometime before 2022 or 2026, you'll have such good credit that if you need a new car loan, you'll walk into the dealer with a pre-approved low interest rate loan from a financial institution with whom you've built a long term relationship. This will enable you to get a lower rate than the dealer loan markup.
Do they make a 4WD Pruis I can use to get to the farm here? lol
Actually, he could do better than that. If he pays off this car in 3 or 4 years (no more than 4) then put the car payments into a savings account after that, in 3 or 4 years, he pays cash for a new car.