Re: Almost ready for a new auto loan?
01-13-2013 05:08 PM
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.
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Last App: 4/5/13 Gardening until July 2014