So I'm pretty new to jeeps. Ive had my jeep about a year and a half now. It's pretty much a stock 4dr rubi with a 2.5 rk lift, evo 1/4 pounder bumper and a warn winch. Anyways, I was at my credit union a couple days ago to take out a small loan for pickup truck and the loan officer was trying to find a way to secure my loan so I would get a better interest rate. After asking a few questions about the jeep he said I had quiet a bit of equity in it. Turns out the "loan value" is almost $7k more than I paid for the thing brand new! How is this possible?
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