Thread: Why is this happening so much? (people selling their Zs)
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Old 01-28-2012, 08:43 PM   #30 (permalink)
m4a1mustang
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Originally Posted by cc370z View Post
Topically when you buy a new car it takes about 2.5-3 years of payments to get out from under the negative equity. I know my payoff is now below ACV (actual cash value). May will be 3 yrs for me.
I thought most people put enough cash down such that they'd never be underwater on their loans?
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