🚗 Owe more on your car than it’s worth? That’s negative equity, and it can wreck your finances if you’re not careful. Before you trade it in or roll it over into another loan, WATCH THIS. I’m breaking down the 3 things you MUST know to protect your wallet and credit score 💸💥 ✅ Should you trade it in? ✅ Can you refinance it? ✅ How to avoid a financial trap? Don’t get stuck paying for a car you don’t even drive anymore 😤 Tag someone who needs to see this 👇 #NegativeEquity #CarLoans #CreditTip

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138K views · 746 reactions | A $6,100 mileage penalty today… 10 payments left… and 27K miles a year. Trading into a CPO GLA with 25K/year resets the lease and ends the negative equity cycle. #mercedes #gla #lease #dealmaking | BenzsandBowties | Facebook