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Buying a Used Car From a Dealer

A Buyers Guide is required on used cars sold by dealers. Learn about vehicle history reports, warranties, and payment options.

Auto Trade-Ins and Negative Equity: When You Owe More than Your Car is Worth

Some car dealers advertise that, when you trade in your car to buy another one, they’ll pay off the balance of your loan. No matter how much you owe. But what if you owe more than the car is worth? That’s called “negative equity,” and the dealer’s promises to pay off your loan may be misleading. Learn how negative equity works and how to deal with it.