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FrugalRican
Posts: 2,876
Registered: ‎02-02-2012
Re: Interesting situation about first car loan

800PlusScore wrote:

Welp, I got pre-approved for up to 41k by my credit union (Pen Fed). Question now is...do I want to get a used G37 (~$500/month), or go with my Evo (~$700/month)



I think that's a personal question that only you can answer.

Personally, I'd go for the cheapest car payment but that involves researching which one is more fuel efficient and has had better reviews (i.e. Consumer reports, etc...)

 

But then again, I'd never pay $500 for a car and then on top of that, whatever the insurance may be.

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EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

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