Posted 5/8/2009 00:01 (#706737) Subject: Auto Loans
Pasco WA.
Today I had the manager of a large used car lot tell me that from what he has seen roughly 80% of cars on the road have an upside down loan. I have no idea if he is correct or not, but if he is it sure explains the drop in auto sales. He sure was willing to deal though when I offered cash.