Can i lower my monthly payments to fit my budget?

Asked by Nacole Aug 01, 2020 at 07:42 AM about the 2010 Hyundai Elantra GL FWD

Question type: Shopping & Pricing

How can i lower my monthly car
payments ?

4 Answers

41,240

On your current vehicle or a new or used one? On a current vehicle, you can refinance your loan by increasing the time period or putting some more money down to reduce the payment. On a newer vehicle you can purchase any vehicle that will have a lower payment. Check with your lender and or dealer.

Best Answer Mark helpful

Save up a bigger down payment. 7 year loans are a really bad idea. You pay way too much interest and the car wears out before it is paid off.

55

Trade in that old Hyundai on a new one They are offering ZERO percent financing for 72 months!! Then you have the benefit of 10 more years worry free driving, a lower payment, a better ride and a nicer car.

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