I might make a suggestion. You might be better off cultivating a relationship with a Credit Union. If you start a checking, or savings account... they might be more willing to provide an auto loan. A great way to start credit, with CU being more willing to extend credit. A CU can most likely provide a much better rate.
I’ve actually never thought of that. It does seem unreasonable to finance a $9K car for that long. I might have to look for much cheaper cars so I can have a shorter finance term and still be able to keep the monthly payments reasonable. Thank you!
I agree. Will have to do that sometime soon. Do you know usually how long do you have to be a customer of theirs for them to willingly give you an auto loan with good rates? I currently have a 1996 Geo Prizm with almost 190K miles on it and I can just feel the end of its life is coming soon lol. So will probably need another car not far from now. And I’d hate to pay cash on another old beater car and waste money on it. So I’d much rather finance a cheap and stable car from a dealership so at least it’s nicely maintained and serviced. There’s quite a lot of sweet cars for around and under $10K