Car Loan Vs. Home equity Maybe......

[Two Lane]

Originally posted by GN One Day...


Just be careful and think it out.

Usually, patience will tell you what to do.

Darn fine write-up...great advice!

 

[GN One Day...]

Thanks!

 

[artrenee10]

Once again Great Advice

And yet my girlfriend can't understand why I ask her something then ask "a bunch of nuts with the same car obsession as you which makes them just as sick as you" the same question. The answer great advice, just as always.
Thanks Guys GN one day that was some excellent advice, and yes I wouldn't be buying the car, unless I had a second job, which for right now I don't........
Thanks Again
Steve Chambers

 

[jmidolo]

Been there done that

You can get an equity line the day after you close if you really want it. I'd go for the equity line myself. Especially when you're talking a 15yr old car. You may not get the loan, and if you do, it's likely to be in the neighborhood of a personal loan percentage rate..around 9.9% or so.

 

[Little6pack]

Re: I feel ya Quick.....

Originally posted by artrenee10
That's exactly what I was thinking.......
I figure taking out a car loan is a bit more safer for me......and I can sleep better at night as well.
Thanks
Steve Chambers

Take the car loan & if you want down the road get a H Equity loan.