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Negative equity in car – cover with down payment or use for newer vehicle?

Shawn Ryder

If you’re considering whether to apply your down payment toward covering negative equity or if you should use it for a newer vehicle, it’s essential to understand the implications of each choice. These losses can sometimes outpace the rate at which car owners pay down their loan balances.

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Renault’s Bombastic 5 Turbo 3E Electric Hatch Priced From $177K

Carscoops

Customers who want to secure an allocation need to make a €45,000 down payment. In a press release, Renault said that funds secured from downpayments from private customers, as well as any dealers securing an allocation, will “contribute to financing the development of Renault 5 Turbo 3E.”

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Four-door Ford Mustang super saloon in the pipeline

Autocar

Speaking exclusively to Autocar at the recent Goodwood Members’ Meeting – where he raced an Alan Mann-prepared Mustang V8 Notchback – Ford CEO Jim Farley claimed the Mustang is now “by far” the world’s best-selling coupé and has developed a huge body of followers worldwide. We won’t stop with the GTD,” he said.

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Renault’s Fastest Hatch Ever Is Electric And Costs More Than A 911 GTS

Carscoops

Customers who want to secure an allocation need to make a $51K down payment. In a press release, Renault said that funds secured from downpayments from private customers, as well as any dealers securing an allocation, will “contribute to financing the development of Renault 5 Turbo 3E.”

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You Can’t Buy The 2,000HP Hyperion XP-1 Hypercar, But You Can Bid On A Prototype

Carscoops

One of seven development vehicles of the Hyperion XP-1 is offered for sale in excellent condition with minor flaws. Hyperion Motors has yet to unveil the production version of their XP-1 hypercar, which was originally announced in 2020 promising wild specs and the use of NASA-developed technology.

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Prejudging No-Credit Buyers is Costing You Deals

AutoSuccessOnline

They’ve developed platforms, technologies and methods that consider a complete set of factors, including completed education, savings, purchasing history, ability to pay bills, employment and future earning potential.

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Media post: Long-Term Car Rentals vs. Buying – Which is the Better Option in 2024?

Best Selling Cars Blog

Monthly car rental Dubai service will provide more freedom and liberty in such a developed city. With no down payment and minimal initial expenses, rental services provide the means of transport you need. For one, you will never own the vehicle, and it will go back to the rental company.

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