Bankruptcy Forum

Bought a nice used car

estreeter34
05-06-2009, 06:12 AM
We are about 5 months from our case being closed and dismissed and we were in need of a family van after moving across the country (my wife got a great job in TX). We looked at several vans and found a 2003 Dodge Grand Caravan with less then 50k miles priced right, so we applied and got the loan. 14.9% with $1000 down and payments right were we wanted them. I was actually quite surprised at the interest as I thought it would be closer to 20%.
It can be done if you shop carefully!

JoeBankrupt33
05-06-2009, 07:32 AM
Congratulations. Soon, we'll be in the same boat. We'll just have to see how long it takes for the repo man to show up.

estreeter34
05-07-2009, 06:27 PM
Now our plan is to pay an extra $100 per month and have it paid off in 2 years. Then drive it till the wheels fall off!