- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
trading in a vehicle
Posted on 1/23/14 at 9:34 am
Posted on 1/23/14 at 9:34 am
so I am trading in a 2 door wrangler for a 4 door, they have offered me 17K on it in writing. I owe 15,500. I am thinking about paying down extra 500 in principle in order to give myself extra equity to ensure that TT&L on my new vehicle will be covered. is this a good idea?
5
Posted on 1/23/14 at 9:38 am to chesty
You are coming out ahead on a trade?? This, in itself, is cause for celebration. 
Posted on 1/23/14 at 9:42 am to chesty
What's the difference in paying the $500 to the loan or the TT&L? Should be the same, no?
Posted on 1/23/14 at 9:45 am to chesty
quote:
I am thinking about paying down extra 500 in principle in order to give myself extra equity to ensure that TT&L on my new vehicle will be covered. is this a good idea?
I'm not really seeing how this will have much effect. You'd be getting like 9% of $500 by doing that. Is the extra $45 really making a difference?
Posted on 1/23/14 at 9:49 am to chesty
quote:
I am thinking about paying down extra 500 in principle in order to give myself extra equity to ensure that TT&L on my new vehicle will be covered. is this a good idea?
Why not just pay the $500 during the purchase
Seems like its the exact same thing and will save you the headache of having to wait for an updated payoff and the $500 to clear.
Posted on 1/23/14 at 10:48 am to chesty
Is this a decent price for the new jeep, or is it jacked up to cover the trade in value you are getting?
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News