negative equity

Asked by Sep 22, 2016 at 11:30 PM about the 2013 INFINITI M37 xAWD

Question type: General

What would be the best way to purchase a new car ,with 5,000 in negative equity on a trade?

1 Answer

94,965

OUCH, that is going to be tough, if you can find a place they will tack on the negative to the contract and raise the monthly payments quite a bit, plus it changes the interest rate, so you triple whammied. If you could maybe add some more money on the payments each month until the negative is caught up, or save some money to make a larger down payment to help offset the negatives. But as it stands right now it is going to be rough.

Your Answer

Add photo

Related Questions

Search INFINITI M37 Questions

INFINITI M37 Experts

#1 Carlos Reynoso
Carlos Reynoso
Reputation 10
#1 Harry Evanitcka
Harry Evanitcka
Reputation 10
View All

Related Models For Sale

Used INFINITI G37
168 Great Deals out of 4,483 listings starting at $6,300
Used INFINITI Q50
120 Great Deals out of 9,628 listings starting at $16,499
Used INFINITI M35
29 Great Deals out of 905 listings starting at $3,990
Used INFINITI Q70
7 Great Deals out of 778 listings starting at $21,993
Used INFINITI M56
3 Great Deals out of 42 listings starting at $11,995
Used Nissan Maxima
321 Great Deals out of 24,382 listings starting at $999
Used BMW 5 Series
468 Great Deals out of 15,437 listings starting at $500
Used Lexus GS 350
103 Great Deals out of 3,796 listings starting at $6,990
Used Mercedes-Benz E-Class
359 Great Deals out of 19,355 listings starting at $1,500
Used Honda Accord
948 Great Deals out of 77,757 listings starting at $899
Used Audi A6
130 Great Deals out of 6,288 listings starting at $2,988
Used Acura TL
176 Great Deals out of 5,745 listings starting at $1,100
Used INFINITI Q60
36 Great Deals out of 4,203 listings starting at $16,995

Used Cars For Sale

2013 INFINITI M37 xAWD For Sale
8 Great Deals out of 246 listings starting at $13,999
2012 INFINITI M37 xAWD For Sale
99 listings starting at $12,999
2011 INFINITI M37 xAWD For Sale
92 listings starting at $10,900

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.