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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.

If the best interest rate she can get is over 10%, she must have a bad credit score. If she’s making decent money as a wedding photographer, it might make some sense for her to have a vehicle like that since some of it can be written off as a business expense, but I’m guessing she’s way over-extended already.


15 posted on 04/15/2024 10:50:40 AM PDT by smokingfrog ( sleep with one eye open (<o> --- )
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To: smokingfrog
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.

LoL. So she compounds the problem by buying an $80k car? She's getting what she deserves.

53 posted on 04/15/2024 12:06:39 PM PDT by zeugma (Stop deluding yourself that America is still a free country.)
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To: smokingfrog

Re: 15 - if she added into the Tahoe financing an in an upside down trade-in, I question if she could get a refi. Her LTV would be awful.


79 posted on 04/15/2024 3:46:18 PM PDT by Fury
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