negative equity
noun
: a situation in which the amount of money that a person owes for something (such as a house or a car) is more than the thing is worth
Examples of negative equity in a Sentence
Recent Examples on the Web
Auto finances:More drivers have negative equity on their car loans.
—
Utkarsh Shetti, USA TODAY, 28 Nov. 2024
Trading Andrew Wiggins also is a more hopeful possibility, although the three years and $85 million left on his deal are likely negative equity at this point.
—John Hollinger, The Athletic, 23 Apr. 2024
That includes 22% of vehicle owners with negative equity who owed $10,000 or more, while 7.5% have negative equity of more than $15,000.
—Michael Wayland, CNBC, 15 Oct. 2024
For example, midsize SUVs, compact SUVs and large trucks made up 19.5%, 17.3% and 10.3%, respectively, of all vehicles traded in with negative equity.
—Medora Lee, USA TODAY, 16 Oct. 2024
To avoid the negative equity trap, Edmunds recommends sticking with your car for longer and being diligent about regular maintenance to maintain your car’s value.
—Ben Kesslen, Quartz, 15 Oct. 2024
Edmunds reports more than 1 in 5 consumers with negative equity owe more than $10,000 on their auto loans.
—Michael Wayland, CNBC, 15 Oct. 2024
More than 24% of all trade-ins toward new vehicle purchases had negative equity, and 22% of those with negative equity owed more than $10,000.
—Ben Kesslen, Quartz, 15 Oct. 2024
The problem is even worse for EV owners – 46 percent of those folks have negative equity in their electric cars.
—Andy Kalmowitz / Jalopnik, Quartz, 30 Sep. 2024
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Utkarsh Shetti, USA TODAY, 28 Nov. 2024
Trading Andrew Wiggins also is a more hopeful possibility, although the three years and $85 million left on his deal are likely negative equity at this point.
—John Hollinger, The Athletic, 23 Apr. 2024
That includes 22% of vehicle owners with negative equity who owed $10,000 or more, while 7.5% have negative equity of more than $15,000.
—Michael Wayland, CNBC, 15 Oct. 2024
For example, midsize SUVs, compact SUVs and large trucks made up 19.5%, 17.3% and 10.3%, respectively, of all vehicles traded in with negative equity.
—Medora Lee, USA TODAY, 16 Oct. 2024
To avoid the negative equity trap, Edmunds recommends sticking with your car for longer and being diligent about regular maintenance to maintain your car’s value.
—Ben Kesslen, Quartz, 15 Oct. 2024
Edmunds reports more than 1 in 5 consumers with negative equity owe more than $10,000 on their auto loans.
—Michael Wayland, CNBC, 15 Oct. 2024
More than 24% of all trade-ins toward new vehicle purchases had negative equity, and 22% of those with negative equity owed more than $10,000.
—Ben Kesslen, Quartz, 15 Oct. 2024
The problem is even worse for EV owners – 46 percent of those folks have negative equity in their electric cars.
—Andy Kalmowitz / Jalopnik, Quartz, 30 Sep. 2024
Dictionary Entries Near negative equity
Cite this Entry
“Negative equity.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/negative%20equity. Accessed 21 Dec. 2024.
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