If the total amount of money you owe to your auto lender is more than the value of your vehicle, you have what auto finance people call “negative equity.” This is also known as owning a car that’s “underwater” or “upside down.” This is a pretty common circumstance. CJ Pony Parts put together a nice […]
Articles Tagged: upside down
Selling Your Car When You Still Owe Money On It? Here’s How You Do It
Are you trying to sell a car that you still owe money on? If so, the process for selling your car will be effected by the answer to two questions: Do you owe more than the car is worth? Are you buying another car from an auto dealer once your car is sold? Based on […]