Valued Contributor
Posts: 3,406
Registered: ‎12-19-2012
Re: Almost ready for a new auto loan?
It would, if you can get the same model you want for less, yes. Leasing can be an option too if you bump your scores just a little bit more as your lease payment would be $150 per month cheaper. I lease a $35K car as I didn't want to pay $661 per month. I make $96K a year and still didn't want to pay almost a $700 per month payment. If you have no rent for the foreseeable future and can shrink your debt as low as it will go, they might just do it for you.
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