Stephen Russell wrote:
> Can you refinance the car over a longer period with your bank? That 
> drops your payment.
> In reality you will have to pay the diff between your selling price and your
> balance to the finance co.  Then you need to get another down stroke for the
> replacement ride.  So you are out twice in the short run.  Not good!   So
> getting a longer payment term and lowering your monthly payment you could
> create the win / win situation.
>
> If you look legit and have been a long term customer they could/will do it.
> Depends on how much your princ is and what the book value is.
>   

I owe about $20k and I think it's book value is around $15k.


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