To: C19fan
Not only did she not make a down payment, she said she traded in a previous car on which she had fallen into negative equity. While rolling over debt into a new loan can seem convenient, it can be very dangerous and dealers have been known to not properly inform buyers that they will still be responsible for the remaining balance.Let's review: She bought an $84,000 SUV with no money down, and traded in a car on which she still owed money. Tell me again why I should feel sorry for her.
To: GreenHornet
Which means they raised the price of the Tahoe by the amount she stilled owed on the older vehicle she traded. She may have financed over $90K.
52 posted on
04/15/2024 11:55:46 AM PDT by
redangus
( )
To: GreenHornet
She bought an $84,000 SUV with no money down, and traded in a car on which she still owed money. It's worse than that. She didn't just owe money on it; she owed more than it was worth. I'd say she's as dumb as a box of rocks, but the rocks might be offended.
57 posted on
04/15/2024 12:16:08 PM PDT by
Gil4
(And the trees are all kept equal by hatchet, ax and saw)
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