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How soon is too soon?

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music2hisears
Contributor

How soon is too soon?

My car is on it's last leg and I need to replace it soon. Real soon; however, I just bought a house. How soon after purchasing a home should I wait before buying a new car?


Starting Score: 546
Current Score: EQ 672 TU 682 EX 638
Goal Score: 700


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Message 1 of 4
3 REPLIES 3
bahbahd
Established Contributor

Re: How soon is too soon?

If your home has closed, you have nothing to wait for.

Message 2 of 4
pizzadude
Credit Mentor

Re: How soon is too soon?

+1. If you've closed then you are fine to apply for a car loan.
March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 3 of 4
maiden_girl
Valued Contributor

Re: How soon is too soon?

If you can afford it, you don't have anything to wait for Smiley Happy

 

But hopefully you've factored in a slightly higher mortgage if your property taxes are raised or you have a emergency repair or something of that sort.

As of 2017, rebuilding...
Message 4 of 4
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