Hey its no secret and we get it car loans can drag you down and on to more debt then you want to have. No one wants to buy a used car and say Yay to debt.
People that own used cars don’t even want to say the four letter word debt.
Paying off your car comes down to how well you can budget for the span of your auto loan.
There is nothing wrong with shopping for a cheaper deal on a car or even looking at cheap used cars near your zip code. People are looking daily for a car they can afford.
Smart way to buy a car in Chicago
The smart way to buy a car is to get the auto financing figured out then work the used car lots near you in Chicago. There is always going to be a car dealership that wants your business so why just view one used car lot.
Its also no secret that the more you pay down on a car now the less you will have to finance. So we aren’t saying that no money down car payments in Chicago aren’t good if you have the credit for them.
But if you want to pay off your car loan faster a down payment is the route to go for a new or used car in Chicago. The goal is to not have to finance a ton of money especially on a used car.
Car buying in Chicago is about financing options
You might want to see what kind of cash options the car dealer will work with you on if you like the used car. A car loan can be stressful but if you have the financing in place first it can make for an easy purchase.
You want to have a car that you can pay off in 60 months or less nothing more.