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Message
re: Should I get GAP on an ‘07 4-Runner?
Posted on 4/11/19 at 11:42 pm to Hot Carl
Posted on 4/11/19 at 11:42 pm to Hot Carl
quote:
Getting it for $8,400, it’s valued at $11,750. Putting $2,500 down. Seems like it’s depreciated most drastically already, and I can’t imagine ever being upside down on it.
Lender is trying to sell it to me for $449, but build it into the loan with interest. Interest rate is already higher than normal because of the age and mileage. Thoughts? TIA
My advice is do nothing for at least a month and that vehicle will be at least $1,000 cheaper.
It is tax refund season and dealers love nothing more than separating fools from their new found wealth and there are plenty of them with cash burning a hole in their pocket.
1
Posted on 4/12/19 at 8:18 am to cave canem
quote:
My advice is do nothing for at least a month and that vehicle will be at least $1,000 cheaper. It is tax refund season and dealers love nothing more than separating fools from their new found wealth and there are plenty of them with cash burning a hole in their pocket.
Every time I sell a vehicle I do it in March and April. Can easily get 20% more than normal.
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