I want to get a second car loan. I've been driving an F-150 for a 50mile roundtrip daily commute. want a fun gas sipper to drive to work as a second car and save some of the miles on my truck. I still have 24 payments left on the truck. almost $12k left. I'm looking at a car, used 2011 around 23k. Both of the payments combined would be less than 15% of my monthly take home pay. My current FICO from TU is 760. Income at 100k, util is about 18%.
Any advice on second car loans? Should I have any issue? what to expect? Should I not even do it?
