How to Trade In a Car | Edmunds
How to Trade In a Car | Edmunds
Jun 4, 2018
edmunds.com
92K views · 601 reactions | Explaining why rolling negative equity into another used car is a trap. Let’s find a real way out with a good lease deal! #lease #suv #equity #carloan #carpayment | BenzsandBowties | Facebook
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What does negative equity mean when buying a car? This means that you may end up owing more money than your car is worth before you pay off your loan. For example, if you borrowed $30,000 from the bank and you still owe $15,000 on your car, but it's only worth $10,000, you have a negative equity amount of $5,000. #negativeequity #carbuyingtips #carbuyinghelp #carbuyingadvice #carbuying101 #carbuyingservice
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