Upside down car and truck loans are getting to be the norm, but you’re in an unique place to alter this trend.
2016 had been a bad 12 months for trade-ins. 32% of all of the trade-ins toward the purchase of the car that is new under water, in accordance with Edmunds. Simply put, one-third for the clients purchasing from your own dealership probably have actually negative equity to their trade-ins, meaning they owe more on the mortgage as compared to car may be worth. Continue reading Simple tips to Assist Clients with Ugly Automobile Loans