Quote:
Originally Posted by 370zFTW
But where would my trade in go to? I know it goes to the 370z but it wouldnt knock out 20K off the new Z?
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Think of it this way. Say you had no car to trade in and you were just buying a brand new Z. Your total cost would be $42k, correct? So, now, you already have $27k loan. Dealer agreed to give you $22k. You pay $22k on your existing loan leaving you with $5k. Now, add $5k to $42k, and you have $47k. Does that help? What you are doing is forgetting your existing loan.