Negative equity means any outstanding debt transferred from a previous vehicle.
Negative equity means the difference between the value of an asset and the
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 balances have been reclassified and are reflected as due to/from other funds.
Negative equity is the amount owed on a loan in excess of the collateral’s value.
Negative equity and high unemployment tend to be concentrated in the same regions and appear to exacerbate one another; low equity levels give unemployed borrowers little opportunity to escape their mortgages except through foreclosure or short sale.
Any Negative equity provided under the vehicle Finance Agreement (if any) which exceeds the purchase price.
Negative equity and house price deflation has been a major issue in the recession since 2008 and due regard has been paid to this in drafting the current Strategy.
More Definitions of Negative equity
Negative equity means any finance balance carried forward from Your previous vehicle less any part exchange allowance made.
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 amounts still owing from a previous vehicle loan which is financed into the new vehicle loan.
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 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 purchased by You and You being the first registered owner of Your Vehicle.
Negative equity means any outstanding finance carried over to the Finance Agreement from a previous vehicle or financial arrangement.