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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
Posted in Consumer Education
Tagged down payment
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With the benefit of hindsight…
To recap from last week: first Irene got into a car deal that was too expensive. When she went back to the dealership and asked them to help her get out of it, she wound up agreeing to pay three … Continue reading
Posted in Consumer Education
Tagged down payment, RISA, TILA, trade-in allowance
Comments Off on With the benefit of hindsight…