A survey that is recent carried out for Automotive Information looked over the various means vehicle purchasers handle negative equity on the trade-ins. It discovered that nearly all customers cope with this all-too-common situation into the worst way that is possible.

Automotive News-DealerRater Survey

The Automotive Information casual study, carried out by DealerRater, viewed the most typical actions that purchasers simply take when trading in a car or truck with negative equity (“negative equity” occurs when your vehicle’s value is significantly less than the mortgage stability).