Leaving Negative Equity Behind With Asheville Ford

Navigating negative equity can be a challenging situation, but at Asheville Ford, we specialize in helping customers find solutions to get out of negative equity and back on track toward financial stability.

Our team understands the complexities of these situations and works diligently to assist you in exploring options that suit your needs. With personalized guidance and a commitment to your satisfaction, Asheville Ford is here to help you overcome negative equity and drive forward with confidence.

How Do I Know If I Have Negative Equity?

Determining if you have negative equity on your vehicle is relatively straightforward. Here's how you can assess if you're in a negative equity situation:

Check Your Loan Balance: Start by checking the current outstanding balance on your auto loan. You can find this information on your monthly statement from your lender or by contacting them directly.
Estimate Your Vehicle's Value: Research the current market value of your vehicle. Websites like Kelley Blue Book (kbb.com) and Edmunds (edmunds.com) can provide estimates based on your car's make, model, year, and condition.
Calculate the Difference: Once you have both figures, subtract the estimated value of your vehicle from the outstanding loan balance. If the result is negative, it means you have negative equity.
Consult with Your Lender: If you suspect you have negative equity but are unsure, reach out to your lender for a precise payoff amount and discuss your options for resolving the situation.

How To Get Away From Negative Equity with Asheville Ford

At Asheville Ford, we’re here to help! We can provide you with the tools you need to fix your equity!

Assess Your Situation: Understand the extent of your negative equity by comparing your loan balance with your vehicle's current value.
Explore Options: Consult with Asheville Ford to explore solutions like trading in for a more affordable vehicle or refinancing.
Financial Planning: Develop a strategy with Asheville Ford to pay down the negative equity over time and improve your financial standing.
Expert Advice: Benefit from Asheville Ford's expertise in handling negative equity scenarios to find the best path forward for your situation.

Visit Us Today For Automotive Finance Advice and Assistance

Visit Asheville Ford today for expert automotive finance advice and personalized assistance tailored to your unique situation. Our team is dedicated to helping you navigate the complexities of automotive finance, including addressing negative equity scenarios. Whether you're looking to trade in your vehicle, refinance your loan, or explore other financial solutions, we're here to guide you toward a brighter financial future.
Stop by Asheville Ford for comprehensive support and drive away with confidence. We’re here to get you well on your way to being financed!

Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, and license charges. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.

*The advertised price does not include sales tax, vehicle registration fees, finance charges, and any other fees required by law. The advertised price does not include a closing fee of $898.50. All prices include all applicable rebates, Farm Bureau rebate, factory discount, dealer discount, Ford Credit Financing Cash, and Trade Assist Rebate. Pricing for all new and used include $1000 Trade Cash; must trade a 2014 or newer vehicle to qualify. Truck pricing does not include dealer installed bedliner. Prices subject to change without notice based on Ford Motor Company Incentives. However, there can be lag time between the sale of a vehicle and the update of the inventory. While we make every effort to ensure the data listed here is correct, there may be instances where some of the factory rebates, incentives, options or vehicle features may be listed incorrectly as we get data from multiple data sources. PLEASE MAKE SURE to confirm the details of this vehicle (such as what factory rebates you may or may not qualify for) with the dealer to ensure its accuracy. Dealer cannot be held liable for data that is listed incorrectly. See dealer for full details. Some exclusions may apply.