Hi,
Im in need of advice. I have a 04 Cadiallac CTS and I have put ALOT of miles on this car basically all highway miles due to my job. I got car in 07 with 38000 miles and now I have 160000 miles. This is all due to driving almost 1 1/2 to
if you are done putting on miles keep this one with little miles put on in the next year you will not lose that much in equity
Owing more than your car is worth is never an easy problem to deal with. Adam shows you the best way to deal with it.
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The best thing about your old car is that you've already paid for it. Most of us grow tired of our used cars long before they're used-up cars. But money is tight for just about everyone, so why throw away a car that's running well just because it's feeling worn down, looking beat up and has lost some of its athleticism? Cars built in the last 10 or 15 years can go 200,000 or 300,000 miles if given the right care. And there are some simple ways to spice up your long-term automotive relationship...
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How to Trade In a Car with Negative Equity - loan.com
Having a car with negative equity means you owe more on the loan than it would be worth at if sold today. ... The value of a car decreases dramatically as it is driven. ...
How to Sell a Car with Negative Equity - loan.com
A car with negative equity has depreciated in value since the financing for the car was approved. The borrower that does pay off the financing at ...
Negative equity: Definition from Answers.com
Negative Equity When the value of an asset falls below the outstanding balance on the loan used to purchase that asset
What Is Negative Equity?
Brief and Straightforward Guide: What Is Negative Equity? ... One way to create negative equity is to have a loan repayment plan that allows for negative amortization. ...
What to do if You Have Negative Equity
Bottomline - you shouldn't be buying a new car if you have negative equity. Find out the best thing you can do.
The Probability of Negative Equity Scene. When a situation arises that the market