Thread: What is best?

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  1. 03-14-2011, 06:30 PM #1
    3125outlaw
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    What is best?

    Okay I am upside down on my Tracker. It is still under warranty and the dealer will take it as trade in. He will trade for 2,500 less than I owe on it. I want to buy a new boat for around 27,000. Should I finance the 2,500 I owe into the new loan for the new boat? Or should I just pay the 2,500 difference. I would rather finance it in. I am just trying to get out of this boat and get into one that I will keep for 10+ years. Both of my vehicles are paid off and I owe very little on my house. Who is a good lender that will give me a great rate and work with me? Thanks in advance for replies.
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  2. reclending.com
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    #2 03-15-2011, 04:47 AM

    Re: What is best? (3125outlaw)

    <table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by 3125outlaw &raquo;</td></tr><tr><td class="quote">Okay I am upside down on my Tracker. It is still under warranty and the dealer will take it as trade in. He will trade for 2,500 less than I owe on it. I want to buy a new boat for around 27,000. Should I finance the 2,500 I owe into the new loan for the new boat? Or should I just pay the 2,500 difference. I would rather finance it in. I am just trying to get out of this boat and get into one that I will keep for 10+ years. Both of my vehicles are paid off and I owe very little on my house. Who is a good lender that will give me a great rate and work with me? Thanks in advance for replies.</td></tr></table>

    Sometimes the "negative equity" can be financed in if you are getting a good buy on the next one. That situation is very common. Strong credit will help get it done and keep the interest rates where making the extra payment will not be so bad. as for where we would doo it, we will not know until we look at your credit bureau and have a look at the deal numbers. We are ready when ever you are. We have an online application at http://www.reclending.com . Once that is done, we will contact you for the SS and go to work.
    Let us know,
    Ken, Todd & Chris
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  3. 3125outlaw
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    #3 03-15-2011, 03:44 PM
    Okay good deal. I just filled it out. Thanks.
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  4. reclending.com
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    #4 03-16-2011, 09:07 AM

    Re: (3125outlaw)

    <table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by 3125outlaw &raquo;</td></tr><tr><td class="quote">Okay good deal. I just filled it out. Thanks.</td></tr></table>

    We are on it.
    Thank you,
    Ken, Todd & Chris
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