Member login

Remember me

Author's Profile

  • pplcheryl63
  • SocialRank:  #1
  • Level: Semi-pro (16744)
  • Confirmed Friends: 241

Have you ever traded in a car which was not paid in full either you were still making payment or it was a lease?  Be careful of getting stuck with the payment on the old car.  As the economy negatively impacts everyone, car dealers are leaving customers with the bill.  The expectation is that the dealer will pay of the balance of your loan and then you are free and clear.  Recent events are showing that you cannot depend on that anymore.

Not only are the buyers of the new car getting stuck but also purchasers of the trade in could find themselves stuck when the vehicle is repossessed.

Make sure you know exactly what is in that "standard" contract and that you will not be stuck with a car note you didn't know you had!


   Add to favourites

Other Topics

Member Honors Updates Nov 30th, 2008 09:18
One of the new upgrades to the site is the addition of honors for members.  Certified Member This is the first honor introduced for our members.  In order to be Certified, you must: Have ...
It's here! Ezine Space Apsense's new eZine launches-Official Announcement Nov 10th, 2009 00:11
EZineSpace is here!  You may have noticied on you member homepage a new widget for Ezine Spare.  Subscribe now!  One of the things that eZine space will provide is an APSense eZine spec...
Aren't you tired of seeing this?I have found it! the absolute secret to succeeding in your online business! Nov 12th, 2008 09:44
That's right I have found the secret! I'm only sharing this secret with a select few so you must get your copy of WABR right now! WABR will strip away all the confusion!  It will give you easy...
Diving into the deep end of the pool when you don't know how to swim? Oct 11th, 2008 14:51
Before your read this post, start at the beginning.  Read about the basics here.   You've completed your profile, uploaded your picture and even read some of the articles in the Tutorial a...
BBC America Treasures Sep 5th, 2010 11:18
It may take a little work to find the answers but I have faith in our members! 500 credits up for grabs! 1. This show is listed in the Guinness Book of World records as the longest running Sci-fi ...

 Access Limits: All Visitors


Member's comment

Mary  Feb 4th, 2009
There is no free lunch in the world!

pplcheryl63  Feb 3rd, 2009
Yes it is but supposedly this is the purpose of the trade in. You are turning your old car over to them as a "down payment" on the new one with the understanding that the dealership will take over or handle the balance due on your original loan, while you get a new loan for the new vehicle. This system has for the most part worked well until recently.

You have to log into the site first

Who viewed this page

Dr Bruno Calic
Internet Marketer
Internet Marketer
Marketing Coach
Brent Simmons
Internet Marketer
Web Site Services