Minus equity AKA upside down
Buying from an individual
No warranty of any kind
Get a mileage statement signed
Where is the title
Don’t pay without a title guarantee
Resale support
Aka, under water and minus equity
Why it happens
What to do
Type 1 and type 2
Due diligence
Minimizing minus equity
Get the right vehicle
Seven tips for the future
Check out this episode!
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About Geoffrey Jerome
I am a 35 year veteran of the automobile and motorcycle industry, author of seven books, soon to be nine, Both fiction and nonfiction. I have three super kids, actually adults, and a wonderful Jack Russell Terrier named Lucy Lynn. I am Formerly from upstate New York, Ithaca. I ride a Harley, like photography, technology and I know climate change is the worlds biggest problem.
