Negative Equity in Your Car and How it Changes your Payment

Negative equity is at record highs after the COVID era. If you’re thinking about a new car, you’ll need to understand how your current negative equity situation will affect your next car payment.

I'll teach you some easy "Car Math" you can use to determine what kind of deal you need to be looking for BEFORE you factor in the negative equity in your current car.

I'll also get into Loan To Value. What is it? Why is it important? How does it affect the ability to get approved on a loan?

My name is Doug Horner and I am an automotive content creator, going by benzsandbowties on my social media channels. #cars #dealership #carsales #mercedes

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