Quote:
Originally Posted by DC Newbie
Nothing wrong with it. Some people want to keep the monthly payments below a certain threshold. I understand that if the car is totaled, you lose that money. But for some folks, that's a tiny risk worth taking in order to keep their monthly expenses down a bit. (And if your unfortunate enough to be in an accident that results in the total loss of your vehicle, your probably not sweating the $2,000-$3,000 loss; you're just thankful to get out of it alive.)
Again, I know that it's not "recommended practice" to opt for a cap reduction, but I can certainly understand why some might do it. Not enough to baffle.
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Do the MSD, you won't lose your money if you total
Invoice pricing on cars CAN be found, its tough to negotiate though