What happens to an existing car loan if I were to buy another car?
Friday, May 7th, 2010 at
08:48
What happens to an existing car loan if I were to buy another car?
I bought a car in 2003 and owe about $8000 on it but am thinking of buying a new one. What will happen to my existing loan if I were to buy a new car? I would still owe that right? Would they just add that amount to a new loan amount? I'm confused about how this works. Please help!
Auto Borrowing Associates
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