BallPlayer13 OP t1_jeelksq wrote on March 31, 2023 at 1:31 PM

Reply to comment by alexm2816 in Unsure if a car loan is the best or if paying in full is better. Nor is havibg a impulse buy to cover the off chance i dont find a deal later on. by BallPlayer13

I agree. I do plan on waiting a couple of months at a minimum. The main issue I foresee is if I wait too long, I could be rushed into needing a new vehicle and given if I do not have one spoken for at the end of the year.

What are your thoughts on keeping some cash and receiving a loan for $20k with the current interest rates?

The little back story is I have a 2013 chevy cruze that needs about $5k in repairs to pass inspection for registration. The vehicle is only worth about $2k. It doesn't make sense to repair the car when I already don't fully trust its longevity.

ahj3939 t1_jeesyc0 wrote on March 31, 2023 at 2:23 PM

Maybe you can find someone to "pass" the inspection for $500.