<prompt> Human: Guys, this is an anonymous username since Im sharing details. Long time readerposter. This is my most important post so far. Wife and I in our twenties - I turn thirty soon, shes younger. Combined salaries 115k that should be pushing to 135k by 2017 We have about 65,000 in cash, 15k of which is our 6 month emergency fund we have saved it all up plus some existing cash when we got married two years ago We have retirement accounts totaling about 20,000 Our monthly savings is roughly 1,430 except for months when bonuses come in which triples the savings and happens twice a year We have no debt Our rent will be going down by at least 300 in 4 months She has a good car which is going to last a long time Her car is paid for I just sold my car for cash included in the figure above She wants her next car to be an SUV in prob two or three years expensive I am getting a pickup truck right now. I got approved for a 25,000 loan at 0.7 for 36 months with my CU I want to improve our credit so thats why Im not paying cash Also, we may decide to make a downpayment on a house in a few years CURRENTLY renting I plan to drive this truck for its lifetime or 6-8 years. The truck isnt the base model but has a larger engine and a few other bells, but nothing too crazy... I know not to finance add-ons. The truck I have picked out is a 2015 Ram big horn quad cab with 14k miles for 27,700 out the door. Warranty to 100k miles5 years This is much less than a new one and the same price as a new one with worse options and a smaller engine. I do not want a different brand or a midsize after test driving every type of truck in existence. I would put 20 down and let the rest of it go to the loan. The loan will be auto drafted to pay off itself. The insurance will be about the cost of my old car and is NOT included in the above monthly savings figure! Aka its budgeted for.I believe those are all the details you need to know to provide helpful input! If not, let me know!So, my questions are:1. I added my wife 0 credit score to the loan to build her score; the credit union said it would report to her score... Is that so?2. Do I need to be spending 27,700 on a truck or should I save 10k or more? It just seems like a huge purchase.3. Should I accept a slightly higher loan rate 2 to pay it over five years instead of three?4. What do other people in our situation spend?5. How does our plan check out?Assistant: I want to improve our credit so thats why Im not paying cashThere are good reasons why one might want to finance if you do it right, but I want to improve our credit is a pretty poor one. Its not necessary to pay interest to get good credit. For this reason Id not be in favor of the longer-term, higher-rate loan.Human: My wife has zero credit - mine is about 785. What are good reasons to improve credit? So overall you are just saying, stick with the lower rate and pay it off faster?  <response>: Get your wife a credit card so she can start building credit. Just pay it off every month. You dont need a loan to get good credit. 