New Extended Auto Loan Terms Could Wreck Your Budget

on Apr 22, 2013 in Fox News, Media Center by Ed Butowsky | No Comments »

New car prices are on the rise. With the economy the way it’s going dealers are charging more. Auto lenders are jumping on the bandwagon by changing the terms of their loans to try to get you in and buy a new car while trying to keep your payments low. However, when you look at the short term savings it could cost you dearly in the long haul. So how can someone drive off with the best deal? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News to discuss the new terms auto lenders are advertising some as long as 96 months, but are they good deals.

Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
 

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About Ed

Ed Butowsky is a nationally-recognized expert in investment management. Butowsky has been in the financial services industry for over 22 years. He was previously a Senior Vice President at Morgan Stanley and a Managing Director ... More »

Contact

Ed Butowsky, Managing Partner
Chapwood Capital Investment Management, LLC
Website: www.chapwoodinvestments.com
Email: ed@chapwoodinvestments.com
Phone: (972) 865-2225