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How to Determine Vehicle Equity

How to Determine Vehicle Equity

How to Determine Vehicle Equity

If your thinking about trading in or selling your vehicle, then vehicle equity is something you should know about. Having equity in your vehicle means it is worth more than you owe on it. It is easy to determine equity on your vehicle if you have already paid it off. The value of the vehicle is then considered the amount of equity you have. If you’re still paying your vehicle off, then it could be a little tricky.

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