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lvalleli t1_isp6syb wrote

They take the higher between book value and what you paid, no matter which is higher. Completely closes the loop hole, but also absolutely strings you along if you have an odd situation car. I’ve paid over double what I was supposed to before, but it is what it is

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tapemeasure43 OP t1_ispbe2v wrote

What a great system to use inflated car prices to increase what they collect.

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tapemeasure43 OP t1_ispdy87 wrote

I wouldn’t even call this an odd situation though. Car was in decent condition and I’m really good at negotiating when I have cash in hand so I paid what I paid and it was thousands less then the book value.

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