The Expert Podcast

Okay, if you have been trying to get out from underneath your car loan for a long time, but have been told you have negative equity or you're what's called upside down in the vehicle or buried in it, you may want to take another shot. Used car values have jumped up in the last few weeks, last month be partially because of tariffs, also because of production. And if you have a vehicle that's in good condition, relatively uh late model, those prices have gone up and you may find your negative equity has shrunk.

You can also check out our website to find ways to shrink that even more. There's things you can cancel off your loan. There's things you can get contributions for. There's other ways to shrink down your negative equity and maybe get it close enough where it's worthwhile. You may not get it to zero, but if you have a car that's worth $20,000 and you owe $30,000 on it, well, that's $10,000 apart. Maybe with the the new values that are out there, you can get it up to 22, 23. Maybe your video will be back in 8 seconds.

In the meantime, remember, you have access to live one-on-one consultation, undivided attention of a licensed, certified expert in this subject and many others. We want to listen to your story. We want to hear your questions and give you expert advisement of your options. We want to tell you what we know about your situation and what options you have. Now, back to your video. You can find some very interested buyers to get up to close to 24.

At the same time, you might be able to get that loan value knocked down from 30,000 by canceling some things off the loan, canceling some add-ons, getting it down to 28. Now, you're only $4,000 apart. And you might find a way to account for that with things like lender contribution. Maybe you can get some payments on that. Maybe you can roll it over. There's other things you can do. When you're 10,000 apart, you're probably not going to be able to do anything. But if you're only 4,000 apart, there may be some options.

So, you can check out our website below to find some suggestions on how to use the current value where these prices of vehicles have gone up and some other techniques to get your loan balance, negative equity shrunk down to a manageable amount that maybe will help you get out from underneath that car loan so you don't have to keep paying those high payments, insurance, and maybe possibly get another car if you need something different, bigger, smaller, better on gas, maybe something that doesn't break down as much. The new market value of vehicles might help you shrink that gap and get out of that vehicle.

Thank you for watching. Remember, you can access live one-on-one personal consultations with a licensed private investigator, a licensed commercial uh insurance broker, licensed certified real estate title examiner, also a certified civil court mediator. So, if you have a need to talk to an expert in any of these fields or even a licensed building general contractor, you can click the link below, actualhum.com, and arrange a live one-on-one undivided attention with a licensed expert where you can ask any questions, get information about your situation, and we'd be glad to.