Anyone who really knows me, knows that I’m a big fan of cars. I always have been, and probably always will be. Due to this fact, I’ve learned a few hard lessons about how much money you can burn up with this passion. Well, I’m done making mistakes on that front. I don’t plan to “overspend†on a new car any time soon.
Here is a great article about the length of car loans and the problems it can cause. I’ll admit, I read this on another blog and, because of my obsession with cars, had to provide the link as well, just to make sure people read it!
Here’s the link: http://money.cnn.com/2003/08/05/pf/autos/long_loans/index.htm