Just how to Assist Clients with Upside Down Automobile Loans

Just how to Assist Clients with Upside Down Automobile Loans

Upside down car and truck loans are getting to be the norm, but you’re in an unique place to alter this trend.

2016 ended up being a year that is bad trade-ins. 32% of most trade-ins toward the acquisition of the car that is new under water, in accordance with Edmunds. Quite simply, one-third for the clients purchasing from your own dealership probably have actually negative equity on the trade-ins, meaning they owe more on the mortgage compared to the car may be worth. Continue reading Just how to Assist Clients with Upside Down Automobile Loans