View Full Version : Which is best interest scheme, fixed or floating?
andyrobin
Mar 20, 2010, 12:25 AM
To buy a car, which is the best one to opt for car loan?
ROLCAM
Mar 20, 2010, 12:51 AM
I would suggest you opt for the fixed.
This way you will know exactly what you will be up for.
This is usually short term anyway.
morgaine300
Mar 20, 2010, 08:03 PM
I agree on the fixed. Not only do you know exactly what you've got, but since interest is down, the only place I could see it floating is up.
Stringer
Mar 20, 2010, 09:54 PM
Depends upon the rate, if it is low then I agree fixed.