need to understand how finance calculation work
We want to buy a fifth wheel, and we need to trade a travel trailer that has no equity. Is there a step i can follow so i dont get taken advantage of or tricked into a bad deal?
Forum Discussion
I owe 19761, and the sale price of the coach 73900. They are paying 13375 for the TT. what is the best way to handle this?
The $6400 that the dealer is not giving you for your TT that is less than you owe on it will end up being added to the new coach loan or you will need to pay the $6400 difference in cash. This is not a good way to purchase a new coach. You might try selling your TT yourself to get more for it. Your are not in an enviable position owing more on your TT than it is worth to the dealer.
