Forum Discussion
Campfire_Time
Jul 31, 2013Explorer
2012Coleman wrote:
Don't fall for dealer financing options that have a low monthly payment and 12 + year terms - the interest will eat you alive. Make sure there is no prepayment penalties. I used Bank Of America and got a rate below what the dealer offered.
That's the key isn't it, making larger payments on the principal? I've never carried any loan, except my mortgage to its full term.
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