Finance Q&A - Change/Amend Finance

How can I get rid of negative equity on my car?

I've got negative equity on my vehicle and would like to know if it's possible to get rid of it? Thanks

Lucas Talbot

Answer from the Stoneacre finance team:

Hi Lucas, thanks for getting in touch. The most straightforward way is to repay it until the end, so there aren't even more complications down the road. There's one more thing you can do - if you're looking to switch cars, you can get into new agreement with specialist lenders. They could finance your new car which also includes your remaining negative equity. Hope this helps!

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