3 ms·
Even 84 months ago around a third of those trading in a car for a new one were underwater on the trade-in.
by lucas_membrane 7y ago
Even 84 months ago around a third of those trading in a car for a new one were underwater on the trade-in.
- dylan604 7y agoAuto-loans are the only ones that I've ever heard of that allow you to take the balance of one note and just move it to a new note. Maybe credit card balance transfers, but those are just moving debt from one holder to another. Car loans are adding the balance of the existing note to the new loan.