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[–] 3 points 8 months ago (4 children)

7 year car loans? Who wants to own a 7 year old car? and then turn it in to take out another loan?

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  • [–] 1 point 8 months ago

    Who wants to own a 7 year old car?

    I've got a Chevy Volt from 2018. Still runs great. Going to try and hang on to it for at least another couple of years.

    I wouldn't want to be paying a note on a seven year old car. My wife's car has a three year note at 0.9% APY, and I can't wait till that's done with, even if the interest is nominal.

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