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StartingOver10
Posts: 4,047
Registered: ‎03-06-2010
Re: How long to wait before financing a second car?
[ Edited ]

100% agree with the others.

 

Besides, having two car loans may actually knock out the possibility of getting a mortgage. Remember the DTI on a mortgage includes all of your debt on the back end. Having the first car loan paid off is a positive factor toward your future mortgage.