Thursday, January 12, 2012

Used car refinance loan for upside down vehicle?

I have a car that is leased with payoff remaining is 20000 and I would like to buy it out...but I see the car value is around 18000...



now, when I apply for a used car loan can I get the loan for 20,000? or will the banks ONLY give maximum loan of what the car is actually worth(i.e. 18,000)?Used car refinance loan for upside down vehicle?
cheaper to pay out lease......bet its worth no where near 18k.......make your lease payment and when done your not hooked anymore.....

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