tag:Used Cars Archives - Scarsview Chrysler Dodge Jeep
What is a negative equity on a vehicle and how does that impact car buying process.
Having a negative equity on a vehicle is called underwater, or being "upside down," or owing more on a loan than the automobile is worth. This can happen when a person takes out a loan at a high interest and for a long time, or insurance on the automobile drops off substantially after the loan […]