Hello.
I have a few questions about re-financing an auto loan. I have a Jeep Wrangler that I want to upgrade (suspension and tires etc.). Now, I have a loan with Chrysler which I owe about ,000 currently.
Would I be able to re-finance my loan for, say, ,000 (with another bank, loaner, or even Chrysler) to cover the charges of those upgrades? And just have my monthly payment go up? Or would I be better off just taking out a small personal loan? Or just saving the cash (the hardest and longest)?
I have good credit and I always pay my bills on time. Would this bad for my credit?
What would you do?
Any suggestions or opinions would be excellent.
Thank you in advance.
I understand the general idea, but what happens when something in the car breaks, or needs work? Who pays? What about things like new tires? What happens if you are in a car accident? If you aren’t happy with the car can you get out of the lease early?
So if you have to replace the air conditioning on a brand new leased car, you would have to pay for it all yourself, but then give the car back after a few years and be out all that extra money? Can you get a warranty on a lease? Is having to pay for parts that you can’t keep the downside of a lease?
