# resale value vs. loan balance

**URL:** <https://forums.speedlife.net/t/resale-value-vs-loan-balance/40205>\
**Category:** NYSpeed Automotive\
**Created:** [December 13, 2007, 4:39am UTC](https://forums.speedlife.net/t/resale-value-vs-loan-balance/40205 "2007-12-13T04:39:01Z")\
**Posts on this page:** 1\
**Showing post:** 27

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**Author:** ![greenbull](https://avatars.discourse-cdn.com/v4/letter/g/bc8723/32.png) [@greenbull](https://forums.speedlife.net/u/greenbull)\
**Post date:** [December 13, 2007, 4:10pm UTC](https://forums.speedlife.net/t/resale-value-vs-loan-balance/40205/27 "2007-12-13T16:10:10Z")

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06 Cobalt SS S/C  
60 month 4.75%  
bought for 25700  
Traded in my brothers wrecked 1983 Olds for 300 bucks.  
Sold my brother my cavalier for the difference of the monthly payments if i traded it in. He pays me the difference monthyl for the next 5 years.  
I owe around 18k on the loan  
KBB private party of 19205-excellent 18100-good

if memory serves me right those values are actually up some from 6 months ago.

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