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Old 07-24-2014, 07:51 AM   #12
67c10rustbuket
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Join Date: Apr 2011
Location: Mustang, Oklahoma
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Re: Is this a fair trade?

No way! Besides IF you trade, someone still has to pay off the loan. No way is someone going to trade you a vehicle and take on your debt. I doubt any bank will release or split the debt on a young man with a shiny new car unless the trade has significantly higher value or equity. I would value that truck around 10K anyway.
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