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When it comes to equity, what does it mean to have negative equity or be under water?

When it comes to equity, what does it mean to have negative equity or be under water?
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3 votes
When it comes to equity, what does it mean to have negative equity or be under water?

User Kees Hak
by
8.4k points

1 Answer

1 vote

Answer:

The amount owed is greater than the cars worth (apex)

Explanation:

User James Wilks
by
8.2k points
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