negative equity

Negative equity is a situation where the market value of an asset, such as a property or car, is lower than the outstanding balance of the loan or mortgage secured against it.
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  1. Jones886

    Just a quick goodbye

    So the time has come to say goodbye to my MG5 SR 2021 there has been a few ups and downs with it but overall a good car Still in a lot of Negative Equity so I had to do a VT so I didn't lose out Ordered a second-hand Hyundai Ioniq Premium SE 2020 for the work commute Thankyou to everyone...
  2. R

    Dilemma MG4 needs swapping

    Hi All Anyone else having financial problem sorting out a new car. My dilemma is negative equity ( totally horrendous values) with 3 year old MG4 on PCP Finance. I cannot get a deal that is anywhere Near what I am paying now. It’s 3 years into a 4 year contract and not sure if I can hand it...
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