Should I take out a 72-month loan for a Hyundai Accent if it's the only way I can afford it?
I want to purchase a new Hyundai Accent, but I can only afford it if I take out a 72-month loan. My dad advises against anything more than a 60-month loan. Should I take out this 72-month loan anyway?
costs? When you finance a vehicle, you must have full coverage, which could cost hundreds a month.
Your best bet is to save up some money for a larger down payment, which will help you shorten the loan. And in any case, 60 months is about the maximum term you’ll ever want to consider for a car loan.”
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