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Money and Finances
Reply to "Car Trade and Upgrade Programs"
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[quote=Anonymous]The short version is the balance of your current loan into the loan for the new car and extend out the term of the loan which makes your monthly payments stay the same. The only way it might possibly be a good idea is if you really abused your car during the three years you've owned it and expect it will require substantial repairs when the warranty expires. For 99% of people it will be a bad deal though.[/quote]
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