I refianced a car that was new when I bought it. I thought they said in the state of Texas that they could only finance a car for 60 months but when I look on my statement it says 72.
How many months can you finance a car in Texas?
As long as the lender will allow. The state doesn't care... it is the lenders burden when in two years, you will owe way more than your car is worth.
Reply:it may be proratred over 72 months read is carefully and you see where you only make 60 monthly payments
Reply:Depends on the cost of the car, your paying capacity, and the installment plan set by the financier, as per statutory regulations.
Reply:0 texans arent allowed to drive cars
Reply:The maximum length is usually up to the lender, and whatever you agreed to in the contract. You should see the papers that you signed, presumably at the dealership. A quick check of the internet finds a lender willing to provide a loan of 84 months for a new car, which would generally be inadvisable from my point of view.
Here's a link from Bankrate.com about car loans and their length...
http://www.bankrate.com/brm/news/auto/20...
floral
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment