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What is negative equity on a car?

Negative equity means you owe more on your car loan than the vehicle is currently worth. For example, if your loan payoff is $22,000 but the car would sell for $17,000, you have $5,000 in negative equity. This is sometimes called being upside-down on your loan, and it complicates selling or trading in the vehicle.

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Value Tracking

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No credit impact, view Get personalized insights on your car’s value, so you can time your next car with the most savings.real payments while shopping.

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Testimonials

What Our Customers Say

People come for the number. They stay for how easy we make it.

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I had a great experience working with Elka from Vantage Auto Group. She made the entire car-buying process easy and stress-free. She found the exact vehicle I wanted at a price that beat all the local dealers. When an issue came up with the initial car (on the dealer’s end), she didn’t push it, she pivoted quickly and found me a better option. The car was delivered right to my door, and the paperwork was simple and smooth. Highly recommend Elka if you want someone who truly has your best interests in mind!
I had a great experience working with Elka from Vantage Auto Group. She made the entire car-buying process easy and stress-free. She found the exact vehicle I wanted at a price that beat all the local dealers. When an issue came up with the initial car (on the dealer’s end), she didn’t push it, she pivoted quickly and found me a better option. The car was delivered right to my door, and the paperwork was simple and smooth. Highly recommend Elka if you want someone who truly has your best interests in mind!

Douglas McGreal

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I can’t thank Sean enough for making my transition seamless and completely stress-free. What can often feel like an overwhelming process was made easy and comfortable from start to finish. He took the time to truly understand my wants, needs, and budget without any judgment, and kept me informed every step of the way. His humor and authenticity were an added bonus and made the experience even more enjoyable. Going from one lease to another in under a week felt effortless and refreshing, even without stepping into a dealership. See you in three years, Sean!

I can’t thank Sean enough for making my transition seamless and completely stress-free. What can often feel like an overwhelming process was made easy and comfortable from start to finish. He took the time to truly understand my wants, needs, and budget without any judgment, and kept me informed every step of the way. His humor and authenticity were an added bonus and made the experience even more enjoyable. Going from one lease to another in under a week felt effortless and refreshing, even without stepping into a dealership. See you in three years, Sean!

Alexia Lekkas

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I’ve never used a broker to buy a car before and honestly, I was skeptical. But after this experience, I’ll never step foot in a dealership again. I have a demanding job with very little free time, so I simply texted David exactly what I wanted—and that was it. The entire process happened while I was in back-to-back work meetings. I never even had to pick up the phone! It was completely stress-free and I couldn’t be happier with my Maserati Grecale!

I’ve never used a broker to buy a car before and honestly, I was skeptical. But after this experience, I’ll never step foot in a dealership again. I have a demanding job with very little free time, so I simply texted David exactly what I wanted—and that was it. The entire process happened while I was in back-to-back work meetings. I never even had to pick up the phone! It was completely stress-free and I couldn’t be happier with my Maserati Grecale!

Kelly Winch

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Sean was very professional and helpful. Highly recommended

Sean was very professional and helpful. Highly recommended

Syed Husain

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Outstanding experience from beginning to end. Hard to beat excellent customer service and attractive prices. Highly recommend.

Outstanding experience from beginning to end. Hard to beat excellent customer service and attractive prices. Highly recommend.

Hank D'alessandro

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Great experience with Vantage. Was able to avoid the hassle of going to multiple car dealerships and the service was great. They Dropped off my new car, picked up my trade in and handed me a check. Will definitely use them in the future.

Great experience with Vantage. Was able to avoid the hassle of going to multiple car dealerships and the service was great. They Dropped off my new car, picked up my trade in and handed me a check. Will definitely use them in the future.

Stephen Stanton

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Sean and the team from Vantage Auto made the car buying seamless.
Sean and the team from Vantage Auto made the car buying seamless.

MJ Cestone

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Fantastic services! I highly recommend them. They make purchasing and leasing cars so easy! This is my third transaction and will continue to use this service.

Fantastic services! I highly recommend them. They make purchasing and leasing cars so easy! This is my third transaction and will continue to use this service.

sharon Gallagher

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.
Not only did they negotiate the absolute best prices for us for two vehicles, they were also very thorough and very quick with response time. Delivered the vehicles to our house and made the process very hassle free. I will never buy a car at a dealer again
Not only did they negotiate the absolute best prices for us for two vehicles, they were also very thorough and very quick with response time. Delivered the vehicles to our house and made the process very hassle free. I will never buy a car at a dealer again

Joe Piazza

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