Cash advance woodbridge va

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Cash advance woodbridge va

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Cash advance woodbridge va

In some cases, the complexity of putting together a car deal to get the customer approved can be difficult, especially if the customer is trading in a vehicle on which they owe more money than the car is worth. In cases like this, this "negative equity" is typically tacked onto the new car loan.

However, banks will only allow so much additional money to be tacked onto the loan. This usually depends on the value of the vehicle being purchased and the maximum allowable loan the bank will approve.

Cash allowance cash advance woodbridge va can be used by the dealership to erase some or all of the negative equity that the car buyer has, allowing the loan to be approved.

The amount of the cash incentive generally depends on cash advance woodbridge va type of vehicle being promoted. In most cases, the incentive will be smaller for less expensive vehicles and significantly higher for high end vehicle that carry a bigger sticker price.

Cash advance woodbridge va