05/15/2026
You owe more on your car than it's worth.
The dealer says they'll "pay it off." π¨ But will they?
If you're upside down on your car loan and thinking about trading in β you need to read this first.
Most people don't realize that when a dealer "pays off your loan," they often just roll that negative equity into your NEW loan. That means you're already behind before you even drive off the lot.
Don't sign anything until you know this. π
Learn how to trade in a car with negative equity and explore smart options to reduce your debt. Find out how to trade in a car wisely.