I get it now. You had to do a short sale on your home and that dinged your credit pretty badly. Considering the situation I think they are giving you a fair deal. I know 13% isn't the world's best rate, but it isn't awful considering your situation and the way banks look at lending today. There are people looking at 22% and on a pretty crummy selection of vehicles. As long as it is a stright up simple interest loan with no balloon payment at the end and no early pay off penalty. 12K is kbb trade in value for your car, and they are offering 100% of it. Most dealers use NADA and it isn't as generous as KBB. I'm sure they would still give you the 12K if you took off some of the extras. They usually don't figure those into a trade in value. I would consider taking off the extras and putting them up for sale on their own.
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