What is the interest rate for rolling over negative equity into a new car loan?

We are looking to trade in a car in which we have $3,000 negatvie equity onto a new car loan of $11,000...making the financing $14,000. Assuming perfect credit, what impact does this typically have on the interest rate of the new car loan, if any.

What is the interest rate for rolling over negative equity into a new car loan?

I was in this same situation. Depending on your down payment it should work as if the car you are buying is 14,000. The 3,000 doesn%26#039;t have a different interest rate then the rest of your loan. Hope this makes sense.

What is the interest rate for rolling over negative equity into a new car loan?

no Impact.I not sure of rates now but with a beacon score above 750 should pay from no interest to 3 percent. Sometimes local credit unions will have better rate than dealer.

If you go through a local bank for loan have check in hand. Go to dealer find car ask sales man for best price in writing.Tell them not worried of interest rate. They will quote a real low price but try and get you for higher interest rate. After you agree on low price in writing drop a check on sales man desk. And you have just screwed them over big. Don%26#039;t be surprised when they get rude and back out of deal.

Then need to reminf them of agreement on paper and threaton to take them to court