tag:blogger.com,1999:blog-6289477140035004706.post5939100906539782952..comments2009-03-30T19:49:09.377-05:00bObnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6289477140035004706.post-18187908196122471492009-03-30T19:49:00.000-05:002009-03-30T19:49:00.000-05:00Banking Deals: I apologize it's taken so long for me to get back with you. How did the car buying turn out? I got the best deal through a local credit union.Travishttp://www.blogger.com/profile/07681984284523291782noreply@blogger.comtag:blogger.com,1999:blog-6289477140035004706.post-1637711917061729302009-03-23T02:30:00.000-05:002009-03-23T02:30:00.000-05:00I went to Toyota dealership to look at cars. I was inquiring about Yaris (cca 14 K sticker price). They ran my credit report which showed Beacon score of 638. I am a first time buyer, so I probably should be happy they are even willing to give me loan without co-signer. But when I asked about the interest rate, it was about 13 percent! I would end up paying almost 180 percent on that little thing. Anyways, I applied for a loan at my credit union, just waiting for Monday for reply. Is this possibly the best deal I can get? Or can I get a lower APR somewhere else? How about banks?banking dealshttp://www.blogger.com/profile/10432170574871437853noreply@blogger.comtag:blogger.com,1999:blog-6289477140035004706.post-36501094681421294912009-03-18T19:27:00.000-05:002009-03-18T19:27:00.000-05:00Ladies thanks for the advice. I guess the car it is. That's the choice I was leaner towards also. Just good to confirm it.Travishttp://www.christianmoneymountain.comnoreply@blogger.comtag:blogger.com,1999:blog-6289477140035004706.post-17828027331799346462009-03-18T08:17:00.000-05:002009-03-18T08:17:00.000-05:00I would pay off the car. The interest rate is probably higher, and getting rid of that payment would be lifting a bit of a burden off of you!Christinahttp://www.blogger.com/profile/09585181732399252784noreply@blogger.comtag:blogger.com,1999:blog-6289477140035004706.post-23374513187254994152009-03-18T07:38:00.000-05:002009-03-18T07:38:00.000-05:00This is a tough one. My outside advice is to pay off the car. When I became pregnant with our daughter we weren't sure if I would stay home or not. When she was born I KNEW I wanted to be home ... but we couldn't afford it. I was stuck working until she was 1-1/2 years old. It was miserable. <BR/><BR/>Even if your wife was to change her mind, she still might want an extended maternity leave and believe me, you will not be happy if money is what keeps her from doing that.<BR/><BR/>Good luck!Nicki at Domestic Centshttp://www.domesticcents.comnoreply@blogger.com