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      01-17-2019, 10:30 AM   #25
bucketfoot
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Drives: 2020 Toyota GT86
Join Date: Oct 2015
Location: Centennial, CO

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Quote:
Originally Posted by Chris_DM View Post
Disagree.

There is no "too long" or one-size-fits-all answer here. Only "what works for me in my situation".
Definitely agree here. For my current car I put down around 70% and financed the remaining 30%.

I could have paid for it all, but prefer to keep a healthy balance hanging around in savings.

Even though I could have afforded the payment on a 24 or 36 month loan, I went with 60 and just pay extra all the time. This way if my circumstances change I can still easily make the standard payment.
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