View Full Version : Free Car!
Originally posted by JDM@May 10 2004, 10:00 AM
a lot.
$599/mo
$12,000
HOLY SHIT! :secret: you got screwed ;)
Goat Blower
05-10-2004, 11:15 PM
This kind of transaction would be called "assuming the loan". If you owe more than the car is worth, you're "upside down" on the loan. On the good side, if the damage isn't too bad, you're asking about dealer auction price for the car. A decent deal for someone besides me. :bounce:
On going damage is non existant. Everything is good, new transmission, and soon to have new wheel bearings, etc.
Bottom line, I'm upside down six ways from Sunday on the car. I will be losing what I have paid on the car, but that's when I had money, so it is an acceptable loss. I don't have the means to continue to pay $600/mo plus insurance (which sucks for me).
So When I fix it, the car goes to the person with the best credit.
1Fst14B
05-11-2004, 06:34 PM
why does it go through so many tranny's?
i know its not the power output...
JustROLLIN
05-11-2004, 06:51 PM
I would have to say *cough* operator error *cough*
LOL. Love ya buddy!
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