Quote:
Originally Posted by Imola.ZHP
If thats the only way you can afford the vehicle of your dreams, why not?
Why not have a less expensive lease payment for the first 3, then a higher loan payment the last five...
I've got a friend with a 10 year loan on a boat, a boat he can only use maybe 6 months out of the year, lol.
|
A 10 year note on a boat is normal it's a recreational craft. Having 8 years of car payments you are throwing good money towards a depreciating asset on top of spending $ to maintain it--not a good move.
