Shawn Ryder

JANUARY 17, 2025

Understanding Negative Equity Negative equity, also referred to as being “upside down” on your loan, occurs when the amount you owe on your vehicle exceeds its current fair market value. This often arises from: Rapid Depreciation: Vehicles typically lose value quickly, especially in the first few years of ownership.

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Car Examer

JANUARY 25, 2024

Negotiation Strategies: Know the Market Value: Research the fair market value of the specific make and model to negotiate from an informed position. Maintenance Schedule: Develop a regular maintenance schedule to keep the used car in optimal condition and prevent potential issues.

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CarExpert

SEPTEMBER 17, 2024

It requires this information to be made available for purchase by all Australian repairers “at a price not exceeding its fair market value”. 100s of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now.

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Shawn Ryder

JANUARY 20, 2024

Vehicle valuation is the process of determining the fair market value of a used car, taking into account factors such as its age, mileage, condition, and demand in the market. This information is crucial for both buyers and sellers, as it helps ensure a fair price is paid or received.

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