Considering a new vehicle purchase? An auto loan might be in your near-term financial future. Before signing the dotted line, it's important to understand the details of vehicle financing. Yahoo Finance contributornewest podcast,"Financial Freestyle with Ross Mac.
A K A applying for any new credit, you don't wanna be closing down any other credit cards or any credit that you have because that's gonna just overall make your length of credit history uh lower. And then that gives you the ability to still stay within that range and not, you know, be tempted with a few other things.Uh, because when you go in there, you got, I understand that dealer financing often is more expensive, right?
It sounds good, but just understand how quickly you can have, you could go from $50,000 car to $65,000 with a few add ons.Thanks so much for taking the time. Elon Musk’s Tesla recoups all its year-to-date losses after adding a staggering $150bn in market cap in just 3 days: ‘Worst is in the rear view mirror’
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