Dealership asking me to trade my 2013 on a 2014. Details below. Thoughts? Negetives?
#21
JK Enthusiast
Join Date: Oct 2012
Location: Houston, TX
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there IS a way that payments could be lower for same term, same APR, and same amount financed...it involves a balloon payment at the end. Basically you pay a nice LOW monthly payment until the end of the loan then you have one HUGE lump sum payment at the end (can be $10k to $15 ) DEFINITELY not the preferred method!