Deal Talk 160 The what, why and how of upside down
Release Date: 09/09/2018
The what, why and how of upside down.
Average monthly payment is peaking for new and used
Stick to the play to keep the payment in line
2 Million in fines is an example we need
Upside down, minus equity, under water
What can you do?
Know where you are
Type 1, type 2 and type 3
Bad resale = minus equity
Long loan terms = minus equity
Big dealer profits = minus equity
Minimizing the chances, if you can
Resale value counts
In the future, 8 tips