View Single Post
Old 07-20-2015, 01:57 PM   #5
Fireman124
 
Drives: 45th convertible ss
Join Date: Oct 2013
Location: Illinois
Posts: 108
Being upside down and trading a car in is never good. If she owes 12k and the trade is 8 you spend 12k you will be financing 16k without tax and title fees. You also have to be careful and protect yourself. You stated she is you girlfriend. You don't want to be on the loan just in case something goes wrong in the relationship because then that could ruin your good credit rating if she defaults. Good luck.
Fireman124 is offline   Reply With Quote