Ok, let me try to rephrase the question....
I have a grand am, that the dealership says has negative equity value, meaning, I owe more on that car, than what they think it's worth.....
So, I went to a dealership to trade in my car, with 0 down payment and a co-signer....
The sales rep stated, the less expensive car I choose, the MORE my downpayment will be, so the last car I looked into, was a 2008 HONDA CR-V, 10k miles at about $23,000. The sales rep responded saying, I got approved, but my monthly payments would be right at $600 a month.
So does that seem too much to pay for that type of vehicle?
Hope that made more sense.......
I have a grand am, that the dealership says has negative equity value, meaning, I owe more on that car, than what they think it's worth.....
So, I went to a dealership to trade in my car, with 0 down payment and a co-signer....
The sales rep stated, the less expensive car I choose, the MORE my downpayment will be, so the last car I looked into, was a 2008 HONDA CR-V, 10k miles at about $23,000. The sales rep responded saying, I got approved, but my monthly payments would be right at $600 a month.
So does that seem too much to pay for that type of vehicle?
Hope that made more sense.......