Jill Merriam Key Hyundai Blog

How negative equity affects your next car purchase

June 3, 2019

Jill Merriam of Key Cars explains negative equity and how it affects car purchaseIf you owe money on your current car, you can still buy a nicer, newer car, whether you buy from Key Chevrolet of Middletown, Key Hyundai of Manchester, or Key Hyundai of Milford or any new or used car dealer ship in Connecticut.

If you have negative equity on your current vehicle, it’s not a secret and certainly no scam: you can buy a new car, and financing will reflect the price. Bottom line:

Negative equity may be refinanced

Jill Merriam, Dealer For The People at Key Cars, and often car buyers want a nicer, newer car but still owe on the car they currently drive.

How does this work and how does negative equity affect your next car purchase?

Listen to this quick Nicer, Newer News video where Jill carefully explains negative equity, and how it effects car financing in simple, easy to understand terms, because we aren’t trying to trick anybody. Never have, and never will:

Take a listen:

It’s not a scam: Key Cars experts  help you navigate the world of negative equity and make smart decisions for your next nicer, newer car. Stop by Key Cars or call 1-800-450-1422, to learn about car financing and negative equity, and then make an informed decision for your next car.

If you have any questions about this or any aspect of the car buying process, email our team at wecare@keycars.com, and put us to work for you. No obligation, no heavy sell, just lots of education about car buying options!

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