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?
call a bank and see...if your credits good they just mightUsed car refinance loan for upside down vehicle?
For most people, banks won't loan more than the value of the vehicle.
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