Quote:
Originally Posted by detroitboy
It sounds more like they will simply guarantee that you will not be "upside-down" when you trade in. So it will probably only apply to GMAC loans that had a minimum percentage down payment. Maybe it will work out, who knows? I'd like the idea of trading in two years from now and getting a HUD convertible in ralleye green. Or maybe a direct injection LS3 with a 3.73 rear end.  |
It only lasts 2 years. After that, the trade-in value is NOT protected at all.
Not going to help too many buyers, imo.
__________________
Go from the presence of a foolish man, when thou perceivest not in him the lips of knowledge
General Motors ASEP, A.S. Automotive Technology, Telecommunications Specialist, CISCO Network Engineer
STANDARD DISCLAIMER
camaro5 is furnishing this information "as is". camaro5 does not provide any warranty of the information whatsoever,
whether express, implied, or statutory, including, but not limited to, any warranty of merchantability
or fitness for a particular purpose or any warranty that the contents of the information will be error-free.
|