A survey that is recent carried out for Automotive Information looked over the various means vehicle purchasers handle negative equity on the trade-ins. It discovered that nearly all customers cope with this all-too-common situation when you look at the worst feasible method.
Automotive News-DealerRater Survey
The Automotive Information survey that is informal carried out by DealerRater, looked at the most typical actions that purchasers simply simply take when trading in an automobile with negative equity («negative equity» occurs when your car or truck’s value is significantly less than the mortgage balance). Read more