Valued Contributor
maiden_girl
Posts: 2,005
Registered: ‎12-29-2011
Re: How long to wait before financing a second car?

If you have 30k as a down payment...it'd be silly to finance. If a dealer saw a person walk in with 30k cash for a car...I'd think the dealer would be willing to deal. Anyway I agree with the others...why do you need two car loans? Pay off the first one. Having two auto loans is definitely going to knock out any chances of you getting a auto loan anytme soon.

The truth is out there...
FICO scores: 724 (EQ) 709 (EX) 711 (TU) 4/14 | Goal score: 750+ (all 3)
Tradelines: Capital One (5.0k) | Discover IT (5.0k) | Walmart Discover (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)
--------------------------Gardening until my credit recovers...NO MORE INQUIRES TIL 2015