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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Down Payment Gap Insurance Fair Market Value Insurance 52

Shawn Ryder

JANUARY 24, 2025

Market Dynamics Influencing Dealer Discounts Several external factors influence the amount and frequency of dealer discounts: Inventory Levels: When dealerships have excess inventory, they may offer larger discounts to move vehicles off their lots. This is particularly common at the end of the model year when new models are arriving.

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Car Examer

NOVEMBER 5, 2024

Start by researching the car’s fair market value, so you know what’s reasonable for its make, model, and condition. What to Ask About: Check if the car has any remaining manufacturer or dealership warranty coverage. Avoid models that have been discontinued, as replacement parts can be hard to find and more expensive.

Insurance 59

Insurance Fair Market Value Repairing Banking 59

Shawn Ryder

JANUARY 18, 2025

Online resources can provide valuable insights into fair prices for your desired vehicle. Here are some steps to follow: Utilize Online Pricing Tools: Websites such as Kelley Blue Book or Edmunds allow consumers to check the fair market value of specific car models based on condition, mileage, and location.

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Extended Warranty Fair Market Value Rebate Finance Rate 52

Car Examer

AUGUST 18, 2024

Know the Market Value: Use online resources to determine the fair market value of the car you’re interested in. Knowing the car’s value helps you recognize a good deal when you see one. Check the manufacturer’s website or automotive sites to see if any current promotions apply to the vehicle you want.

Rebate 59

Rebate Finance Extended Warranty Fair Market Value 59

Shawn Ryder

JANUARY 22, 2025

Local Market Pricing Investigate local market prices for the vehicles youre interested in: Use price comparison websites to track fair market value based on your location. Service and Maintenance: Follow the manufacturers recommended service schedules.

Insurance 52

Insurance Fair Market Value Finance Banking 52

Shawn Ryder

JANUARY 17, 2025

Do Your Research Before stepping into a dealership, do comprehensive research on the type of vehicle you want: Market Value: Use platforms like Kelley Blue Book or Edmunds to understand the fair market value of the vehicle.

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