saw this in Auto News
There's a web-site (Texas, I think) that puts banks together with customers to re-fi their auto purchase. Seems strong: banks are only buying out a current loan.
The danger here is most of us earn reserve after a long period of time or at least a discount amount after 90 days (80/20 split, etc.) Sounds like charge-back time.
Not sure if this will effect me in CA but wonder what you all think.
scott