The Love of Crews 978
Subtitle
Blog
3 To Be Able To Use Any Local Scrap Yard
|
|
comments (0)
|
Another aspect is LTV. The Loan to Value ratio is a depiction of how much you owe vs. your car's current value. Lenders understand that being a depreciating asset, a car's LTV will be higher than 100%. But a very old car will have an exponentially high LTV value. This means there are higher chances of an up-side down loan. So, lenders stay away from car... Read Full Post »
