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CNY | I worked with a kid. Had a truck he was underwater on. Shows up with a different new truck. I said what happened to the old one. “Oh they just rolled it into the new one”.
Took me awhile to wrap my head around this.
You can owe on a vehicle. Go buy a different one, and they will roll what you owe on your last one into the new one. So this kid was financing $88k and had a truck that was worth about $30k. It happens all the time. | |
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Car loans
