Nathaniel, 35, who lives in Gilbert, Ariz., with his schoolteacher wife and their two small kids, took a night job delivering takeout orders for GrubHub.com, a national service that partners with local restaurants.
Borrowing to buy a car or truck is more popular than ever. In the past eight years, the total auto debt in the United States rose from $710 billion to $1.27 trillion, and the most common term for an auto loans is now 72 months.
Planning ahead for your next vehicle purchase can save you a lot of money and help you afford the car or boat you want. As you figure out how much to save, make sure you’ve considered all the costs.
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