Index
SALES: (812) 299-4505
13350 S US Highway 41, Terre Haute, IN  47802
Contact Information

What is considered a high car payment?


Image

What is considered a high car payment?

At Terre Haute Auto, we understand that investing in a vehicle is a significant decision that can impact your daily life and finances. Our mission is to deliver unrivaled value and convenience in your quest for the perfect used car with affordable monthly payments. Our extensive inventory of cars for sale in Terre Haute, marked by diversity and quality, is meticulously curated to suit various needs and budgets. Every vehicle at our used car dealership near you has undergone rigorous inspection and reconditioning, ensuring that you're not just buying a used car, but investing in a reliable ride for the years to come. Moreover, with our flexible financing options, owning a car is within your reach without breaking your bank. Experience the simplicity, transparency, and affordability of purchasing a used car at Terre Haute Auto, where your satisfaction is our highest priority.

Determining whether a car payment is high largely depends on an individual's financial circumstances and their definition of affordability. Multiple factors contribute to this perception, including income, credit score, loan term, interest rates, and the percentage of the income one is willing to spend for a used car in Terre Haute. At our used car dealership near you, we acknowledge these complexities and strive to offer personalized, affordable payment options to suit your unique needs.

 

Factors to consider when determining if a car payment is high:

  • Income: Your monthly car payment shouldn't exceed 15-20% of your take-home pay.

  • Credit score: A high credit score may attract a lower interest rate, resulting in a lower monthly payment on your car for sale in Terre Haute.

  • Loan term: Extended loan terms might lower the monthly payment but may result in paying more over the life of the loan due to accrued auto financing interest.

  • Interest rate: A high-interest auto loan rate can significantly increase the cost of the car over the loan term, resulting in higher monthly payments.

  • Down payment: A higher down payment can help lower your monthly payments, as you're financing a smaller amount.

 

Terre Haute Auto makes car ownership affordable by:

  • Offering a range of financing options to suit diverse credit backgrounds.

  • Providing an extensive range of quality used cars at competitive prices.

  • Online auto loan calculator to estimate monthly payments.

  • Working with you to understand your budget and guide you towards a sustainable payment plan for your car for sale in Terre Haute.

  • Ensuring full transparency in pricing, auto loan rates, and payment structures to avoid unexpected costs at our used car dealership near you.

 

Page  1  2  3  4  5  6  7
Exterior: 
Blue
Interior: 
GRAY 
Mileage:
153,543
Engine:
6cyl, 3.6 L, 288 HP
Model #: 
CR14526
VIN:
1GNKRLKD9DJ102663
Stock #:
102663TH
  
$10,900
DESIRABLE FEATURES: Include Htd Seats, Rear Camera, Cooled Seats, Bluetooth, Remote Start, Blind-Spot Monitor, Remote Entry, 3rd Row Seat, Auto Climate ControlThis fwd 2013 Chevrolet Traverse LTZ features a Blue exterior with a Gray interior and has only 153,543 miles.INTERIOR OPTIONS: Stow & Go...   Read More
Exterior: 
Gold
Interior: 
Ebony Black 
Mileage:
22,778
Engine:
4cyl, 2.5 L, 165 HP
Model #: 
U0D
VIN:
1FMCU0DZ2LUC16855
Stock #:
C16855
  
$26,900
DESIRABLE FEATURES: Include Rear Camera, Navigation, Htd Seats, Htd Wheel, Remote Start, Bluetooth, Blind-Spot Monitor, Remote Entry, Sirius XM, Auto Climate Control, Push Button StartThis fwd used 2020 Ford Escape Titanium Hybrid features a Desert Gold Metallic exterior with a Ebony Black...   Read More
Exterior: 
Green
Interior: 
Dark Ash/Jet Black 
Mileage:
83,382
Engine:
8cyl, 5.3 L, 355 HP
Model #: 
CK15543
VIN:
3GCUKREC3FG174927
Stock #:
174927
  
$26,900
DESIRABLE FEATURES: Include 4WD, Trailer Hitch, Bluetooth, Remote Entry, Auto Climate ControlThis 4x4 used 2015 Chevrolet Silverado 1500 2LT features a Rainforest Green Metallic exterior with a Dark Ash/jet Black interior and has only 83,382 miles.INTERIOR OPTIONS: Compass, CD Changer, Bucket...   Read More
Exterior: 
Gray
Interior: 
Dark Cashmere/Light Cashmere 
Mileage:
159,854
Engine:
8cyl, 5.3 L, 315 HP
Model #: 
CK10543
VIN:
3GCRKTE3XAG167646
Stock #:
167646TH
  
$14,900
DESIRABLE FEATURES: Include 4WD, Htd Seats, Trailer Hitch, Remote Start, Bluetooth, Remote Entry, Auto Climate ControlThis 4x4 used 2010 Chevrolet Silverado 1500 LTZ features a Taupe Gray Metallic exterior with a Dark Cashmere/light Cashmere interior and has only 159,854 miles.INTERIOR OPTIONS:...   Read More
Exterior: 
White
Interior: 
Medium Light Stone 
Mileage:
180,831
Engine:
6cyl, 3.5 L, 285 HP
Model #: 
K3K
VIN:
2FMDK3KC9CBA57235
Stock #:
A57235TH
  
$6,495
DESIRABLE FEATURES: Include Htd Seats, Rear Camera, Bluetooth, Premium Audio, Remote Entry, Auto Climate ControlThis fwd used 2012 Ford Edge Limited features a White (white Platinum Metallic Tri-coat) exterior with a Medium Light Stone interior and has only 180,831 miles.INTERIOR OPTIONS: Rear...   Read More
Exterior: 
Red
Interior: 
Tan/Camel 
Mileage:
166,067
Engine:
8cyl, 5.4 L, 310 HP
Model #: 
W1E
VIN:
1FTFW1EV8AFD14013
Stock #:
D14013
  
$13,900
DESIRABLE FEATURES: Include 4WD, Cooled Seats, Htd Seats, Trailer Hitch, Rear Camera, Bluetooth, Running Boards, Adjustable Pedals, Remote Entry, Premium Audio, Auto Climate ControlThis 4x4 used 2010 Ford F-150 XLT features a Vermillion Red exterior with a Tan/camel interior and has only 166,067...   Read More
Exterior: 
White
Interior: 
Steel Gray 
Mileage:
120,312
Engine:
8cyl, 5 L, 360 HP
Model #: 
W1E
VIN:
1FTFW1EF8EFB11928
Stock #:
B11928
  
$22,900
DESIRABLE FEATURES: Include 4WD, Bluetooth, Remote Entry, Auto Climate ControlThis 4x4 2014 Ford F-150 FX4 features a Oxford White exterior with a Steel Gray interior and has only 120,312 miles.INTERIOR OPTIONS: Adjustable Lumbar Seats, CD Changer, Compass, Rear Reading Lights, Bucket Seats,...   Read More
Exterior: 
Silver
Interior: 
Charcoal Black w/Gray Inserts 
Mileage:
106,191
Engine:
6cyl, 3.5 L, 287 HP
Model #: 
K6C
VIN:
2FMHK6C84FBA06632
Stock #:
A06632
  
$15,900
DESIRABLE FEATURES: Include 4WD, Htd Seats, Remote Start, Bluetooth, Remote Entry, 3rd Row Seat, Auto Climate Control, Push Button StartThis awd used 2015 Ford Flex SEL features a Ingot Silver Metallic exterior with a Charcoal Black W/gray Inserts interior and has only 106,191 miles.INTERIOR...   Read More
Exterior: 
Black
Interior: 
Dark Slate/Medium Greystone 
Mileage:
143,212
Engine:
8cyl, 5.7 L, 390 HP
Model #: 
DS6H41
VIN:
1D7RV1GT1AS136387
Stock #:
102424
  
$14,900
DESIRABLE FEATURES: Include 4WD, Remote Entry, Auto Climate ControlThis 4x4 2010 Dodge Ram 1500 SLT/Sport/TRX features a Black (brilliant Black Crystal Pearlcoat) exterior with a Dark Slate/medium Greystone interior and has only 143,212 miles.INTERIOR OPTIONS: Compass, CD Changer, Illuminated...   Read More
Exterior: 
White
Interior: 
Cocoa Dune 
Mileage:
159,883
Engine:
6cyl, 3.6 L, 288 HP
Model #: 
TV14526
VIN:
1GKKVTKD0GJ2957211
Stock #:
295721TH
  
$13,900
DESIRABLE FEATURES: Include 4WD, Cooled Seats, Rear Camera, Dual-Moonroof, Htd Seats, Navigation, Trailer Hitch, Sunroof, Bluetooth, Blind-Spot Monitor, Remote Start, Htd Wheel, 3rd Row Seat, Remote Entry, Sirius XM, Auto Climate ControlThis awd 2016 GMC Acadia Denali features a White Frost...   Read More
Page  1  2  3  4  5  6  7
View ArticlesSave ThisPrint ThisTell A Friend