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Question for the dealers

hah i guess i put it incorrectly. This is done all the time but in a more common way. This is done when one has negative equity in a vehicle

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Old 04-03-2011, 08:38 PM   #3 (permalink)
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hah i guess i put it incorrectly. This is done all the time but in a more common way. This is done when one has negative equity in a vehicle and one trades it in. The amount that one owes versus what the vehicle is worth has to be paid by someone once the car is traded in. The dealerships roll that amount into the cost of the new vehicle. The usually amount that this is allowed is around 120-125% of msrp. What i am talking about is just about the same thing but in a different manner.
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