If you put less than 20 % down on your new car and take out a loan for more than four years, you will commonly owe more on
your car than its current value - at least for the first two years of your loan.
Not exact matches
For 1994, Pontiac has loaded up its mid-size Grand Prix with standard equipment and shipping it to dealers, where the
value - conscious consumer is awaiting a
car priced at less money
than his or her
current house.Pontiac is offering the Grand Prix SE coupe for $ 16,770.
For 1994, Pontiac has loaded up its mid-size Grand Prix with standard equipment and shipping it to dealers, where the
value - conscious consumer is awaiting a
car priced at less money
than his or her
current house.
It's generally not cost - effective when the
current cash
value of your
car is less
than $ 3,000.
An underwater trade - in refers to a used
car whose market
value is lower
than the
current auto loan balance on that vehicle.
LoanMart can approve you for an auto title loan based on factors such as the
current street
value in your
car and your ability to repay the loan rather
than solely based on your credit score.
In order to refinance
car loans, borrowers must first make sure that the amount of the loan they have yet to repay is less
than or equal to the
current value of the
car.
However, the amount of money
than an insurance company will put forth towards fixing your
car will not exceed the
current market
value of the vehicle.
When your yearly cost for C&C becomes greater
than 10 % of your
car's
current value, that's the point at which you can remove the full coverage, and just pay the liability premium.