Rollover Financing
#1
Rollover Financing
Has anyone heard how rollover financing works? I bought a 2006 Xa new and owe around 10k. I want a new '08 Xd; like to swap my Xa for a new Xd without effecting my monthly payment (around $200./mth.)
#2
Senior Member
SL Member
Scion Evolution
Join Date: Apr 2005
Location: Cucamonga, CA RT66
Posts: 4,402
It is hard to finance a Scion with a rollover unless you have positive equity in the car. In other words, they would have to give you at least 10G for the car--which should not be a problem. What ever you got over the 10Gs you owe would act like a down payment. It would not seem you could get as low as $200 a month. You must have put a lot down on the xA.
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