Car Buying: Why Your Payment Doesn't Really Matter

Why your car payment should never be #1 when buying a car.
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When you buy a car, please don't prioritize the payment over everything else. Your monthly car payment does matter in terms of your budget, but when you buy a car you need to prioritize the price of the vehicle, the interest rate and the term length over the payment. The monthly payment can easily fluctuate based on the length of the loan, so DON'T make it top priority.

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[toddcole]

I always laugh at the salesman when asked what kind of payment I’m looking for.

[noegarza]

Rates are a lot higher than that? Even with excellent credit score 👎