http://allfinancialmatters.com/2006/05/05/longer-car-loans-are-becoming-the-norm/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Sat, 11 Feb 2012 20:32:19 +0000 hourly 1 http://wordpress.org/?v= http://allfinancialmatters.com/2006/05/05/longer-car-loans-are-becoming-the-norm/comment-page-1/#comment-3768 Rod Shaddeau Mon, 08 May 2006 18:54:29 +0000 http://allthingsfinancialblog.com/?p=695#comment-3768 Agreed. We have two cars in our family and I financed my last car 3 years ago. One is paid for (disposable) and the other will be paid for in 9 months. Al my future cars will be disposable, meaning that the deductable won't even cover the cost replacement. Agreed. We have two cars in our family and I financed my last car 3 years ago. One is paid for (disposable) and the other will be paid for in 9 months. Al my future cars will be disposable, meaning that the deductable won’t even cover the cost replacement.

]]> http://allfinancialmatters.com/2006/05/05/longer-car-loans-are-becoming-the-norm/comment-page-1/#comment-3728 Drew Sat, 06 May 2006 13:50:10 +0000 http://allthingsfinancialblog.com/?p=695#comment-3728 About twenty years ago I read my first finance book. It was written by Andrew Tobias. In it, he stated that if you can't afford to pay cash for a car, you can't afford that car. I took his advice and have not taken a loan on a car since. I don't drive a fancy car, but it gets me to where I want to go and I don't contribute to the retirement plans of my local banker and car dealer. About twenty years ago I read my first finance book. It was written by Andrew Tobias. In it, he stated that if you can’t afford to pay cash for a car, you can’t afford that car. I took his advice and have not taken a loan on a car since. I don’t drive a fancy car, but it gets me to where I want to go and I don’t contribute to the retirement plans of my local banker and car dealer.

]]> http://allfinancialmatters.com/2006/05/05/longer-car-loans-are-becoming-the-norm/comment-page-1/#comment-3706 Personal Finance Blogger Sat, 06 May 2006 02:33:43 +0000 http://allthingsfinancialblog.com/?p=695#comment-3706 I prefer the 100% down, no monthly payments plan... I also buy used cars now. Buying a 2 year old pickup (still under warranty) saved me 35% from buying new. Aside from a stain or two I didn't put on the carpet, I can't tell the difference. I prefer the 100% down, no monthly payments plan… I also buy used cars now. Buying a 2 year old pickup (still under warranty) saved me 35% from buying new. Aside from a stain or two I didn’t put on the carpet, I can’t tell the difference.

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