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Minus equity AKA upside down
Buying from an individual
No warranty of any kind
Get a mileage statement signed
Where is the title
Don’t pay without a title guarantee
Resale support
Aka, under water and minus equity
Why it happens
What to do
Type 1 and type 2
Due diligence
Minimizing minus equity
Get the right vehicle
Seven tips for the future
By Geoffrey Jerome Veit4.8
4141 ratings
Minus equity AKA upside down
Buying from an individual
No warranty of any kind
Get a mileage statement signed
Where is the title
Don’t pay without a title guarantee
Resale support
Aka, under water and minus equity
Why it happens
What to do
Type 1 and type 2
Due diligence
Minimizing minus equity
Get the right vehicle
Seven tips for the future