Hi everyone,
I'm considering turning in my vehicle that I am currently financing becuase the monthly payments and interest are too high. I financed this vehicle at a time when I didn't have much credit or income. I now have a credit score in the 700's and am considering leasing for 36 months and for lower monthly payments. Anybody have any advice? I've looked up info online and I know not to put down more than $1,000 on the car, but I'm hoping I can maybe cut my current car payment in half with lower interest. I currently pay $400 a month with about 9% interest for my car that I'm financing. I know it was stupid, but I was young and naive and really needed a car after mine broke down and I'm trying to get a better car deal now. Can you guys tell me what a good interest rate would be? Or if leasing is a good option?Thank you.
Submitted July 07, 2017 at 11:12AM by Iloveicecream2222 http://ift.tt/2uSOk5Y