Shawn Ryder

JANUARY 17, 2025

When purchasing a new vehicle, it’s not uncommon to come across the term “negative equity.” 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.

Down Payment 52

Down Payment Gap Insurance Fair Market Value Insurance 52

Shawn Ryder

JANUARY 17, 2025

The monthly payment is calculated based on a standard formula: Vehicle Price: The initial cost of the car. Trade-In Value: The worth of your old vehicle, which can lead to lower financing amounts. Down Payment: Cash or equity you put down at the time of purchase. Negotiate: Dont shy away from negotiation.

Management 52

Management Finance Quota Fair Market Value 52

Your Car Buying Advocate

JULY 31, 2023

We’ll explain these terms in a way that’s easy to understand, so the next time you’re at the dealership, you’ll feel like a car-buying expert. MSRP and Invoice Price Let’s start by learning two important terms: MSRP and Invoice Price. In today’s market, dealerships are adding markup’s.

Finance 52

Finance Pre-Qualify Deal Insurance 52