Then you have probably been told that by a car dealership or two if you know you have negative trade equity, or that you are “upside down in your trade-in.

Then you have probably been told that by a car dealership or two if you know you have negative trade equity, or that you are “upside down in your trade-in.

Than it’s currently worth before I go into how to best handle this situation, let’s talk about how you ended up owing more for your car.

Through a typical dealership, you probably got nailed with a high interest rate if you had bad credit when you bought your current vehicle and bought it. This is especially valid in the event that you bought it from the purchase here spend here automobile dealer. Continue reading “Then you have probably been told that by a car dealership or two if you know you have negative trade equity, or that you are “upside down in your trade-in.”