Quote:
Originally Posted by Pharmacist
Well, that's exactly the thing. They don't have to clean the car or take off the miles or whatever, with 8 grand down, and 2 grands monthly payment, I won't ever be upside down on the loan. Even if worst case scenario happens, and I default, they can just wholesale the car as it is and get more than enough money to settle the loan and bit more.
And no, I've only been licensed since last December. I just graduated last summer.
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Think about it this way; they're too lazy to fill out the paperwork and repossess. They'd rather you keep it the whole time and they just collect. There's really no other way to explain it.
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-Phil
"Since one of my brake light bulbs just went out, the forum told me that my piston rings are about to blow."
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