Valued Contributor
Posts: 1,228
Registered: ‎05-10-2012
Re: VW car finance

I forgot to add: A couple banks only finance up to 90% of the book value for the car you are looking to purchase.  I'd be willing to bet that in this buyer's market most cars you're looking at will be around that mark anyway, but you never know.  If you plan on rolling in another loan you're upside down on, you can bet on needing a downpayment if you have fringe credit.

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