Auto loan approved! Repo and 7 collections still showing

[AMJ50]

You must have a high salary, to get approved for that much, with a repo still showing?

[SweetCreditObsession]

Congratulations on the auto loan an thanks for the DPs!

[TRC_WA]

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@Herb8108 wrote:

Curious as to what are your terms on that challenger scat pack I'm trying to get a 22 hellcat

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@Herb8108 

I was a little over 4% on the Challenger... but after 6 months of ownership I decided to get out of it and get a Bronco Sport Badlands.  Interest rate went up a little but overall payment went down due to the cheaper vehicle.

Cost didn't have anything to do with my decision though... I hated the black color and wanted something with offroad capabilities.

[Herb8108]

When you traded the challenger were you upside down on it at all? Do they give you what you had left on the loan? When you traded it 

[TRC_WA]

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@Herb8108 wrote:

When you traded the challenger were you upside down on it at all? Do they give you what you had left on the loan? When you traded it 

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@Herb8108 

No... I wasn't.  I had a decent trade amount for my '15 Challenger I traded in on the '22... and I got $58k in trade on the '22 when I owed $49k... and I applied the difference to the new '22 Bronco.

I obviously lost some money overall but whatever... I have what I want now and am in the green on the new Bronco too.  At the end of the day nothing bad to say but  8 years of Challengers was enough for me... 

[Herb8108]

**bleep** that's a real good price 58k for trade in and you only owed 49k I just got the 22 scat pack I got it brand new Dec 18th but I want the Hellcat with the same specs so I'm thinking of trading that one in in 6 months but that was a good trade tho Congrats