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Cars and Transportation
Reply to "The 7-Year Car Loan: Watch Your Wallet"
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[quote=Anonymous] People with lesser credit should be buying used for cash. I have excellent credit and buy used for cash. I literally this week, just scrapped a 1997 Chevy Cavalier that I bought for 3k in 2007. It actually ran well but the frame had rusted out (from being up north in salt). I now drive a 5k car-I am in fact saving to buy a new car, for cash, for my 50th birthday. But I don't mind waiting till 51 if I don't have it saved![/quote]
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