Buying a 99 Lexus worth between 34-35 retail. But paying $27.5K . B of A will only finance %75 of the sales price not the book value AND for only 42 months. What kind of BS is that. The loan guy tells me what it's worth is what you pay for it. He said that is how B of A does used car loans.
So if I buy a car above what it is worth will you use the same criteria for the loan?