Do you owe more on your car than it’s worth? You’re not alone. Nearly 25% of sellers to Clutch have negative equity, says CEO Dan Park. This growing issue means many owners owe more than their vehicle’s resale value when trying to sell. Understanding how to handle negative equity is crucial if you’re looking to sell your car in today’s market.
Many Ontarians owe more on cars than they’re worth. Here’s how to handle negative equity when selling.
