First Car Guide for First Time Car Buyers

Tips and Advice for First Car Buyers

Glossary

Glossary of Automobile Buying and Financing
Glossary of terms related to automobile buying, leasing, financing, driving, and insuring.

You can always search for entries (regexp permitted).
Begins with Contains Exactly matches	Submit Term
All \| A \| C \| D \| G \| H \| I \| L \| M \| N \| R \| T \| U \| V
N
Pages: 1
Term	Definition
negative equity	In a loan, the difference between current loan balance and vehicle value, when loan balance is higher. When this occurs, the loan is considered to be "upside down."

All \| A \| C \| D \| G \| H \| I \| L \| M \| N \| R \| T \| U \| V
Glossary V2.0

Topic Menu