Valued Contributor
Posts: 2,300
Registered: ‎08-25-2011
Re: How long to wait before financing a second car?

Getting a bank to approve a car loan when you already have one is tough. Unless you have history showing you can handle it.


I got a second car loan last year but the bank required that my Wife also be on the loan to do it.


Be careful with new cars, it was buying new cars that got me in my credit problems.