Ford Mustang Forum - View Single Post - thinking of switching to 5.0.
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post #41 of (permalink) Old 06-30-2014 Thread Starter
akeemjvasser's Avatar
Joined: Feb 2014
Location: Grand Rapids
Posts: 54
Yeah I plan to have a sit down with a loan officer from ny credit union. What through me off was what someone said about goung negative. What I took from that post was if my car is priced at 19000 and with interest it goes up to 26000 and I trade my car in and they inly give me 16000 torwards a gt priced at lets say 27000 thousand. Then the rest of the 11000 that is left over on my current loan will be added on to my new loan making the 27000 dollar gt 37000. Which isnt worth it in my eyes. But maybe im reading it wrong.

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