Quote:
Originally Posted by haleyd
i've never had a 6 year loan either, but of course i have only had one loan and it's a 5 year LOL! i would like to not have to have a 6 year but it just would work better with my budget if i could do that. i will try to pay 400 a month no matter what like i do now on my grand prix, but it's always nice to know that you don't HAVE to pay that much if you're a little tighter on money one month... know what i mean?!?
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Yes, that makes total sense. I did that with my '05 Dodge Ram Daytona. Paid it off in 3 years. Extra cash, put towards the debt.
I think it's not so much the banks that are being tough, it's the way they are being regulated now adays because of all the people that took out loans that couldn't afford them to begin with and screwed themselves and the banks. I think their just being "extra" cautious.
Have you tried financing through GMAC? They may be able to do that 6 year type of loan.
GOOD LUCK!