No. of Recommendations: 0
We bought our most recent vehicle from CarMax. Their valuation of the trade-in was pretty much inline with what we expected. They use their own pricing formula based on the amount they typically resell that particular make & model. So it isn't necessarily inline with NADA or KBB. Some models may be higher or lower depending on how they sell at CarMax. It's worth having them look at it - at least you know the car is worth at least $X and can sell it immediately for that much if you choose.

Sounds like your employer can't really do much other than complain if you quit & don't repay the loan balance in full. You both have to stick with the terms of the loan agreement. It might be better paying it in full so you don't have to deal with him any longer after you're gone, but @ 5%, you might want to continue the $200 payment & use your money elsewhere.
Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.