Hello everyone I’m currently in the market for new vehicle, used vehicle new to me. But I wanna ask since this is my first time getting a vehicle I’m stuck with a first time buyer program through my Credit Union. Loan terms (
Conditional Approval: $25,000
Max Loan Term: 100%
Estimated Loan Rate: as low as 11.14% (this can change once year and value of the vehicle is provided by the dealership)
Max Loan Term: 75 months if the vehicle is 2022 or newer with less than 60,000 miles
Max Loan Term: 63 months if the vehicle is 2017 or newer with less than 100,000 miles
Vehicle must be 2017 or newer with less than 100,000 miles)
Just having a hard time time finding anything in this range that is a Toyota or Honda in this range what other “reliable “ brands do you guys suggest. Located in AZ.
With that price you can get something good. Just check local dealers and get an independent inspection.
But, don’t do more than 48 months on a used car loan. 36 months is better.
What about getting something cheaper and older but still reliable? Check the link below to see Scotty's opinions.
https://carkiller.com/scottykilmer/vid-review/vehicles-reviwed-by-scotty/