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Old 21-02-2011, 04:37 PM   #1
seedywagon
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Location: Melbourne
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Default Question about finance/car loans and buying a new car

Hi Guys,
I'm a total dufas when it comes to finance and loans and such, I got my Mum to do it all for me. With my current car, I borrowed roughly 11k to purchase the vehicle, I've paid off roughly 7-8k of this, I'm now looking to purchase another vehicle for around 18k.
I intend on paying 3.5k cash up front....

How does this work? Whats the easiest way of buying a new car when you're still paying off the first?

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