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Old 03-10-2016, 08:33 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Quote:
Originally Posted by MakeMeGrrrrowl View Post
Also they took my dad's trade in which only had 35k miles on it. They gave him 9500 for it which he owed 15.9k on it. The facebook thing is a private message between me and the sales guy since we're friends on facebook, not any public post. But he admitted right there that my dad kept telling him he only made 1400 a month.
What happened to the $15900 - $9500 = $6400 difference? They must have added that amount to the new loan, since the car was no longer owned by your dad, so it was no longer valid collateral/security for the old loan?
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