What is negative equity on a car? This means that you owe more on the car than the car is worth. When you're trading in your car to buy or lease a new car, this can be disappointing. There are a handful of options that will get rid of the negative equity on the car you are trading in.
In this video, we will go over all the options available to you when you are trading a car in when purchasing a new or used car or leasing a new car and you owe more on the car than what the car is appraising for, also known as negative equity.
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