Auto Loans and Financing
Used Car Buying

If you owe 17k on a car but it is only worth 6k can you buy another car from a dealer and a different finance Co then voluntarily repo the old car?


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Wiki User
2015-07-16 19:19:32
2015-07-16 19:19:32

NO. Lenders PAY folks to think like that and create ways to stop it from happening. LOL Good try but no candy.


Related Questions

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find out another dealer who can finance your car.

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The way to become a finance manager is to start as a salesperson and then become an assistant manager and then become a finance manager.

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As long as it takes. You also can walk away and go to another dealer if you are not satisfied with their service. You can also arrange you own financing.

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It can range from high to low. Depends on your dealer and bank. Check with consulting at the bank or car dealer. Each car is different so interest rates can vary.

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