We all have a dream car. It could be a high-end sports car or a fully loaded pickup truck. Usually (and regretfully) our dream cars are out of our price range. Now image you're at the dealership talking to Bill, the sales guy, and you casually bring up your dream car. All of a sudden, Bill lets you know this car can be a reality, and all you have to do is agree to an 84-month loan. His finance office would be happy to accommodate. This will lower your monthly payments and you can squeeze that dream car right into your budget.
Tempting? Sure. But before you sign your life away, you need to look at the overall cost of the car loan and consider the risks involved.