Originally posted by sigma:
She's probably a lot more than $6k upside-down on the van.

The dealer wanted $6K to even hope to get financing. Most lenders won't lend anymore than 15% of the purchase price of the vehicle. So, it's possible that the $6K was just needed to get the upside-down amount under that limit. She could be more like $10K upside-down. It's possible with the way some people trade cars like they do thesedays.



Yeah, the $6,000 was a cash downpayment. They wanted to give us $10,000 for the van and we owe $21,500.

2004 Ford Freestar V6 Boogity Boogity Boogity, Let's go racin Boys!