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  Topic: Paying way too much for a car loan
bill1971

Replies: 4
Views: 10979

Post image iconForum: Credit & Loans   Posted: Wed Jan 18, 2017 3:40 pm   Subject: Paying way too much for a car loan
No we don't own a house. We have made some bad decisions in our lives and are trying slowly to right the ship. Thank you for the advice. It is appreciated.
  Topic: Paying way too much for a car loan
bill1971

Replies: 4
Views: 10979

Post image iconForum: Credit & Loans   Posted: Tue Jan 17, 2017 10:59 pm   Subject: Paying way too much for a car loan
Yes, dealerships will buy the car back - but they can only pay current value, minus the salesperson's commission, registration, title change, clean-up. Depreciation is the largest factor, maybe $4000 ...
  Topic: Paying way too much for a car loan
bill1971

Replies: 4
Views: 10979

Post image iconForum: Credit & Loans   Posted: Tue Jan 17, 2017 10:20 pm   Subject: Paying way too much for a car loan
My girlfriend of 14 years and I bought a car a year ago in November. Our payments are almost $600 a month. I tried to refinance but couldn't get a better deal because the equity in the car isn't there ...
 
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