Quote:
Originally Posted by KMPrenger
So for example, does this mean that I couldn't trade in something worth 10 to 12K on a car, and get the 3500 or 4500 on top of that? (I can't imagine so, if the dealer HAS to send the trade in off to a junk yard) Does this basically only apply to cars worth 3 or 4 grand or less?
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I've wondered about this so I took some time and read up on it. I never bookmarked the pages so can't remember all the references but you are correct.
If your trade in is worth 2000.00 then you go with CFC. If your vehicle is worth 6000.00, you just take the 6 grand and the dealer sells the car.
Oh, and if you go with the CFC, that's one less car that the local mechanic will never be able to make a living off of fixing. But that's not what this thread is for so..............