Across the country, drivers are discovering that the cars in their driveways are worth less […] ...
Build positive equity in your car by using strategies such as making extra payments and refinancing your auto loan Written By Written by Staff Loan Writer, Buy Side Bob Haegele is a staff loan writer ...
A record number of buyers are trading in vehicles worth less than they owe, with some carrying more than $10,000 in debt into their next car. Americans are sinking deeper into auto debt. According to ...
Negative equity is when you owe more on a car than the car is worth, leaving you “upside down” or “underwater” on your loan. This continues to be a growing problem, as is the amount of negative equity ...
Being upside down on your auto loan - when you owe more on your car than it's worth - is something Car Pro Show host Jerry Reynolds warns listeners about frequently. He also addresses the topic here.
Why buyers are ‘upside down’ on loans What is negative equity? Negative equity is when you owe more on a car than the car is worth, leaving you "upside down" or "underwater" on your loan. This ...