Negative equity definition
Negative equity means the difference between the value of an asset and the
Negative equity means any outstanding debt transferred from a previous vehicle.
Negative equity means the situation where the original purchase price of the motor vehicle financed by the finance agreement is above the manufacture’s published retail list price at time of purchase or its retail market value if a used vehicle.
Examples of Negative equity in a sentence
Negative equity investment marketplace, as gap insurance and debt cancellation agreement vs gap insurance at gap insurance payout at an additional information.
Negative equity must be paid in full by the employee before the relocation company will take over responsibility of the maintenance of the home.
Negative equity exists when the amount of indebtedness in selling the home exceeds the sales price.
Negative equity is when a product has lost value and is worth less than the amount you still owe for the finance agreement.
More Definitions of Negative equity
Negative equity means amounts still owing from a previous vehicle loan which is financed into the new vehicle loan.
Negative equity means an amount carried over from a previous finance agreement which is not directly linked to the purchase of the vehicle insured by the policy.
Negative equity means any amount outstanding on a previous loan or vehicle finance agreement which inflates the purchase price of the insured vehicle;
Negative equity means the situation where the original purchase price of the motorhome financed by the finance agreement is
Negative equity means any finance carried over from a previous vehicle or finance agreement.
Negative equity means any outstanding debt transferred from a previous vehicle. ‘New Vehicle’ means an Eligible Vehicle acquired by You and You being the first registered owner of Your Vehicle.
Negative equity. Any finance or outstanding debt and resulting interest due on or carried across to Your Insured Vehicle from previous finance agreements that were secured against the part exchanged vehicle.