Jill Merriam Key Hyundai Blog

What does negative equity mean to car owners?

October 19, 2015

Negative equity concept.When new or used Connecticut car customers from Key Hyundai of Milford, Key Hyundai of Manchester, or any CT car dealership, attempt to refinance an auto loan, they are sometimes faced with what is called negative equity.

As Key Hyundai solution providers, it is our mission to help our customers understand the best way to keep value in your vehicle, and more cash in your wallet.

Are you thinking of refinancing a car loan? Or are you about to purchase a new or used car and are wondering the best way to do this? Here is my Dealer For The People automotive advice on the best way to make sure your car keeps its value, and you are not hit with negative equity while you own your vehicle.

Don’t let negative equity surprise you; here is my Nicer, Newer News video explaining exactly what it is, what it means, and how you can avoid being in this situation:

Do you have any questions or concerns about your car loan? I’d love to help; simply write me at jillcares@keycars.com, or call 1-800-450-1422 and let us get to work for you!

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