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Politics : FREE AMERICA
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To: MulhollandDrive who wrote (5298)5/4/2006 1:09:05 PM
From: Oral Roberts  Read Replies (2) of 14758
 
I would bet 70% of the cars less then 3 years old are seriously upside down with their financing. I still have a lot of ties in the dealership business and people have gotten so bad on their last 3 trades that some are financing 110% of sticker and then doing it for 7 years. Hell they won't have equity until the last payment is made if the car is even on the road anymore at that point.
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