Re: Gas prices hitting people hard
FTM if you have negative equity in a gas guzzling trade, then sometimes it's better to keep it. Dealership will offer you bottom dollar trade-in value and you could be left with whatever negative equity. People who have cars that don't get good gas mileage would have to weigh that in as well. If consumer can get trade in then you have to deal with if the person's credit has improved, stayed same, or fell since purchasing prior car. There's a lot that goes into trying to get rid of a car that doesn't have good gas mileage compared to a car that does. Even more so when the economy is the way it is and car dealerships are giving away cars, but I've never seen many dealerships that want N/E. I would presume if dealer takes N/E you will get stuck most likely with a higher interest rate.
LMFAO "oh i thought i didn't need that" i bet in your head you were like "go kick your mom in the ass for me when you get home " 08mazda2.0