Quote Originally Posted by 1badgvr4 View Post
Well then another question would be if one car was worth more than the other which car should be sold for downpayment money and reserve money. Im trying to decide if its better to have a cheaper car payment or have money on the side to pay it no matter the cost.
Your question is worded strange. Paying as much money initially on a car equals a lower payment in the long run which should equal reserve money in your pocket. Even better is if you could still swing the payment and pay the car off faster. For example on most new cars people take out 60 or 72 month loans. The longer you have the car financed the more you pay in the long run because of interest rates. So if you could put down enough money where you only have to finance the car for 36 or 48 months that's even better. Of course you can still do a 60 month loan if needed and pay extra, but just make sure the company you finance through allows you to put the extra money towards the principal and not apply it to the interest. This is the approach I took with my car. I knew I could pay it off faster, but I chose to do a 48 month loan just for a security blanket in case something were to happen to me. I paid the car off in 34 months.