A simple Answer TO yOUr Question
Is it better to wait or sell now when I have negative equity?
It depends on how quickly the gap will close. Cars depreciate fastest in the first few years, so waiting may not help much on a newer vehicle. However, if you are close to a point where your loan balance and market value align, continuing to make payments for a few months might make sense. Run the numbers before deciding, and factor in any upcoming repairs that could reduce the car's value further.
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The Smart Buyer's Guide to Leasing vs. Buying in 2026
Discover:
✓ When to lease vs. buy
✓ Hidden fees to watch for
✓ Tax benefits for business owners
✓ Current manufacturer incentives
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