09-20-2009, 11:35 PM
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#13 (permalink)
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Base Member
Join Date: Dec 2008
Location: Fussa, Japan
Posts: 11
Drives: 1999 Suzuki Wagon R
Rep Power: 18
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Quote:
Originally Posted by MeetJoeAsian
he's planning to keep this car for a long while, so rolling in negative equity from a current trade that is already worth less than it's value is just...
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Rolling around in negative equity, long payment plans with huge payments is why the economy is in the crapper (on a bigger scale, though).
OP, 72 months? $550 a month? really? good god. I'd think twice before you bought a $32,000 car for $40,000. If you think it's worth that much, then go for it
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