A current survey DealerRater conducted for Automotive Information looked over the various methods automobile purchasers cope with negative equity on the trade-ins. It found that the most of customers cope with this all-too-common situation into the worst way that is possible.
Automotive News-DealerRater Survey
The Automotive Information survey that is informal carried out by DealerRater, looked over the most frequent actions that purchasers take when trading in a car or truck with negative equity (“negative equity” is whenever your vehicle’s value is significantly less than the mortgage stability).
From May fifth to your 24th with this DealerRater interviewed 88,874 consumers who visited a dealership to shop or to have their car serviced year. Continue reading Simple tips to Avoid Trading in a automobile with Negative Equity