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 ...
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.
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