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Riverside Insurance Agency, Inc. Blog: acv

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Thursday, May 25, 2017

Is your car worth less than your loan amount?

Currently, car loans may last as long as four to six years and leases are becoming more expensive. Whether your vehicle is a coupe, sedan, van, sports utility vehicle, hybrid, or truck, your vehicle’s value will depreciate very quickly. A rapid loss of actual value accompanied by a longer loan obligation spells trouble. READ MORE >>

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