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 ...
If your car's current value is less than the amount you owe, you have negative equity. This is also known as being upside down on your auto loan. When the time comes to purchase a new car, having ...
Here's why some car buyers live by the 20% rule when purchasing a new vehicle and how you can use it to your advantage.
That does not mean the vehicles are submerged. In a sense, the drivers are. More than one in four trade-ins had negative equity in the third quarter of 2025, Edmunds reports. In auto industry parlance ...
When you are upside down on your auto loan, it means you have more left to pay on the loan than the vehicle you took out the loan to purchase is actually worth. Also called negative equity, this ...
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