# 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:** 29

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**Author:** ![psychopjv](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/psychopjv/32/7251_2.png) [@psychopjv](https://forums.speedlife.net/u/psychopjv)\
**Post date:** [December 13, 2007, 6:36pm UTC](https://forums.speedlife.net/t/resale-value-vs-loan-balance/40205/29 "2007-12-13T18:36:12Z")

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99 Pontiac trans am 30th  
60 month loan at 9%  
Vehicle purchased for $12,000  
Owe $9,300  
NADA Vehicle Value = AVG. Retail $22,925

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