Definitions for "Negative-equity Financing"
Keywords:  gladly, worth, shortfall, owe, upside
Financing that is available for those who want to purchase a new vehicle, but owe more on their trade-in than the vehicle is worth.
Financing for new car buyers who owe more on their trade-in than the car is worth. The amount owed on the trade-in is added to the finance agreement of the new vehicle.
A type of financing offered to customers who are upside down in their trade-in, in which the amount still owed on the trade-in is rolled into the loan on the new vehicle.