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Should I Still Buy if I Owe More than My Car is Worth?

Owing more than your trade is worth is a common scenario for car shoppers. "Upside-Down", "Negative Equity", "Under-Water", "Flipped", they are all commonly used terms for describing the this situation. Many shoppers have given up the search for a new vehicle when they find out they are upside down, but I would recommend not giving… Continue reading Should I Still Buy if I Owe More than My Car is Worth?

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What If I Owe More Than My Car Is Worth

Don’t give up just yet. Being “upside-down”, “underwater” or having “negative equity” is more common with trades than ever, and will rarely stop you from purchasing a new vehicle unless you are drastically upside down. Common reason shoppers have vehicles that are worth less than what they owe include: Vehicles have significant depreciation when you… Continue reading What If I Owe More Than My Car Is Worth