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i have a friend that wants to get a brand new car?
I have a friend that wants to get a $17,000 car with $7,000 cash down!
she owes $18,000 on her car now i think I'm not really sure??? she asking me But i dont know anything about cars!!! lol
can She get approved for a new car
2 Answers
- Brian McilweeLv 51 month ago
If your friend buys the new car...it will be worth $10,000 LESS 5 mins after she drives it off the lot. ANYONE can get approved for a new car loan. They have predatory financing practices that see people like your friend coming from a mile away.
She should use the $7,000 to PAY DOWN the debt on the car she has....that way she will only owe $11,000.00 and that can be paid off in 2 years and she will have NO DEBT!!!
Joana...if your friend buys that new car with the financing ... you have a complete IDIOT for a friend.
Friends do not let friends make life destroying financial decisions.
