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MEDIAN2k3
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Premium Member
join:2002-12-04
Howard Beach, NY

MEDIAN2k3

Premium Member

Re: CarMax vs. Good Ol Fashion Stealership

Yeah I was completely unaware that I had no credit report, I thought I had bad credit which oddly would have been better lol

Thats ok after a year I will refinance and get better payments or trade up for something else.

robbin
Mod
join:2000-09-21
Leander, TX

robbin

Mod

It may help others if you give a brief description of how you have no credit history. I doubt that is very common.

natedj
Elected
Premium Member
join:2001-06-06
Irmo, SC

1 edit

natedj to MEDIAN2k3

Premium Member

to MEDIAN2k3
said by MEDIAN2k3:

Thats ok after a year I will refinance and get better payments or trade up for something else.

I hope you truly did get a good price on the Ford Edge and hopefully in a year it will be worth more than what you owe on it, else refinancing will be difficult.
One quick and dirty way it find out is to look up the NADA value of the same vehicle that's one year older than yours. If you'll owe less than that price (by this time next year) you should be okay.