Deal Talk 160 The what, why and how of upside down

The what, why and how of upside down.

Average monthly payment is peaking for new and used

Stick to the play to keep the payment in line

2 Million in fines is an example we need

Upside down, minus equity, under water

What can you do?

Know where you are

Type 1, type 2 and type 3

Bad resale = minus equity

Long loan terms = minus equity

Big dealer profits = minus equity

Minimizing the chances, if you can

Resale value counts

In the future, 8 tips

Check out this episode!

About Geoffrey Jerome

I am a 35 year veteran of the automobile and motorcycle industry, author of seven books, soon to be nine, Both fiction and nonfiction. I have three super kids, actually adults, and a wonderful Jack Russell Terrier named Lucy Lynn. I am Formerly from upstate New York, Ithaca. I ride a Harley, like photography, technology and I know climate change is the worlds biggest problem.
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