Okay. My Mom owes $28,000 on her current car. She wants to get a new car that's $22,000. Her current car is worth $14,000 according to KBB.
She only wants to put down $1,000 on the new car. Her current monthly payment is $538.
So...any idea on what her monthy payments may be-say 72 months at say 8% interest?
Thanks