Get The Best Deal On Car Loan
One of the dreams that normal people will probably make is going to have a car. Even the fuel price is skyrocketing nowadays, it seems a car is still something that everyone needs.
One of the crucial things that you should know is your car loan. For those who did not research on car loan will end up with spending much more than they need to. After they found a good financial loan option, they should plan how much could they afford to pay for their down payment as this may help them save more interest charge in future.
As a rule of thumb, the sum of your monthly car payment, and maintenance fees should not more than 10% of your monthly income.
September 18th, 2008 Posted in Other
September 19th, 2008 at 3:31 pm
Thanks for the rule. 10% of salary is just about RM200 for a fresh graduate.
How can they afford to buy a better car?