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Old 08-23-2009, 06:22 PM
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allcamaro allcamaro is offline
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Default Re: Cash For Clunkers

If you look at the price of the new car and remove the junker credit less and dealer discounts and then any rebates the loan ballance will be less in many cases than the monthly repairs on some junkers. As tight as the lending is with banks on car loans today I would say most of the loans will be just fine, and if they lease it must be for 60 months so the payment is even less.
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