how much would it cost?
01-17-2005 | 05:59 AM
#11
Junior Member
Joined: Aug 2004
Posts: 10
Likes: 0
Too Long A Loan
You have the classic problem of people who take 60 or 72 month loans. The resdiual value of the car is less then the payoff value of the loan. After about year 5, the car may be worth more then the loan.