Monthly Archives: July 2011

Down payments: the good, the bad and the ugly

In discussing the predicament of my prospective client “Irene,” I opined that she made a mistake by giving the dealer a large down payment when she first agreed to buy her car.  But last week, discussing the high cost of … Continue reading

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Of payment schedules and gap insurance

To recap, we’ve been talking about my friend “Irene,” who bought a car she couldn’t afford, and then the dealer talked her into a second deal …. to pay even more money for a less valuable used car! When I … Continue reading

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