Forum Discussion
mlts22
May 09, 2013Explorer II
I'd go see a CU, or perhaps USAA. I've found banks are not worth the time of day, while a CU will happily loan you a good amount, although they likely will max out at 5-7 years for the loan's term.
My other tip is to put enough down so the rig isn't just not upside down, but can be sold at 80% of NADA low. That way, should some financial disaster happen, it can be unloaded quickly. Yes, it is taking a bath, but better a fire sale than a repo.
My other tip is to put enough down so the rig isn't just not upside down, but can be sold at 80% of NADA low. That way, should some financial disaster happen, it can be unloaded quickly. Yes, it is taking a bath, but better a fire sale than a repo.
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