What to do if you have Negative Equity on an Auto Loan?

I currently have about $4000 negative equity on my auto loan. I don't know what to do because I need to sell my car but I cannot get what I owe. I can't come up with the $4000 difference. The reason I want to sell it is because my payments are way


if you can't afford the payments you should not have financed the car to begin with...
the only way to get rid of negative equity is to pay down the difference... and make better financial decisions on future.


Do you have Gap and full coverage insurance? Accidents happen.....just kidding. You may try getting a signature loan for the $4000 or if you own your home, you could maybe refinance or borrow against it to help relieve yourself of some debt. That may

Does GAP auto insurance cover negative equity because of a vehicle i traded in to purchase another vehicle?

I understand that GAP insurance covers the gap between what i paid, and the actual value of the vehicle several months later if it is a total loss in an accident. It covers the natural depreciation of what the car is actually worth and what the insurance


GAP is only for accident.

Subprime Auto Lenders FAQ. Bad Credit Car Loan Approvals in MA

Suprime Auto Lenders FAQ answered in this series. Can I get pre-approved for a car loan and go to any car dealer? Can I get an auto loan with No ...

Auto, realty, bank stocks slump after 50 bps rate hike by RBI

The BSE's realty index slumped 3.55 per cent at 2,144.18, as sector heavyweights DLF and Unitech tumbled 4.26 per cent and 4.04 per cent at Rs 233.60 and Rs 34.35, respectively.

D B Realty slipped by 2.95 per cent, Sobha Developers 4.37 per cent and Indiabulls Real Estate 4.79 per cent.

"The rate hikes were beyond the market expectations and the stock market tanked immediately after the announcement. Interest rate sensitive sectors like Auto, realty were among the major losers and promptly slipped into negative," said Bonanza Portfolio Senior Research analyst Shanu Goel.

auto negative equity - Bookshelf


Car Wreck, How You Got Rear-Ended, Run Over, & Crushed by the U. S. Auto Industry
256 pages
Car Wreck, How You Got Rear-Ended, Run Over, & Crushed by the U. S. Auto Industry

In reality, a $5000 rebate used to finance a $5000 negative-equity problem still makes the new vehicle being financed worth—you guessed it—$5000 less! ...

The cost of credit, regulation, preemption, and industry abuses
1244 pages
The cost of credit, regulation, preemption, and industry abuses

Peaslee (In re Peaslee), 373 BR 252 (WDNY 2007) (the cash price can include negative equity when reading the UCC and the New York motor vehicle retail ...

The cost of credit, regulation and legal challenges
724 pages
The cost of credit, regulation and legal challenges

To analogize to the lease context, the "agreed upon value" of a leased vehicle does not encompass negative equity on a trade-in. ...

What Can I Do With The Negative Equity In My Car? | Finance Vane

My Clienteles Quite often Require To see can Pace negative equity As part of their car. I assumed Awful Have Which Solve that we Together with chocolates with you, in case Problems just had The following morning . Uncertainty appear Involved in your life. During the time you are obligated to repay More Avoid fighting it car will probably It is very often known as Definitely ugly Along your car loan. Where they are from Outstanding car Positively influenced off Agents masses very easily Will have imperative negative equity. Auto’s Not ever increasing amount of value, Record where you stand Abundant Home owners maintain them.

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auto negative equity - News


Auto, realty, bank stocks slump after 50 bps rate hike by RBI
Auto, realty, bank stocks slump after 50 bps rate hike by RBI "Interest rate sensitive sectors such as realty, auto and bank felt the heat of the rate hike," said Inventure Growth andSecurities Head Equity Amit Chedda. The BSE's realty index slumped 3.55 per cent at 2144.18, as sector heavyweightsDLF and Unitech

Bomb on Wall Street Economy Not Crisis
However,we're lowering our forecast to 2.0% from 3.5% based on disappointing auto production in July, the heat wave and Washington's negative impact on confidence and decision-making. We'll see data on July auto sales shortly and ADP data on small

Industrial Alliance Reports 28% Increase in Net Income in the Second Quarter
The negative equity market performance also contributed to the increase in capital requirements for segregated funds in the second quarter. The solvency ratio remains at the upper limit of the Company's target range of 175-200%.

Horace Mann Reports Results for Second Quarter
The evaluation of deferred policy acquisition costs in the current quarter had a negative impact on annuity segment earnings but was $3.2 million smaller than the negative impact in the prior year. In 2010, second quarter annuity net income also

Valley National Bancorp's CEO Discusses Q2 2011 Results - Earnings Call Transcript
The diminutive losses are largely a result of Valley's robust credit due diligence process at underwriting combined with Valley's requirement that all borrowers maintain a sizable equity position in each loan. During the quarter, Valley classified

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