Stuck With Negative Equity? You Still Have Options.
If you bought or refinanced your vehicle during or after the COVID price surge, you’re not alone. Many drivers today owe more on their car than it’s currently worth, a situation known as negative equity.
The good news?
Negative equity doesn’t mean you’re stuck.
At Big Joe Auto, we work with lenders every day who understand today’s market — and we specialize in helping drivers trade out of upside-down loans and into vehicles that actually make sense.
What Is Negative Equity?
Negative equity (or being “upside down”) happens when:
- Your loan balance is higher than your car’s current value
- You financed during peak pricing or long loan terms
- Interest rates or depreciation worked against you
This is extremely common right now — and it’s not your fault.
How We Help Drivers With Negative Equity
We don’t take a one-size-fits-all approach. Our finance team looks at the full picture, including:
- Your current payoff vs. vehicle value
- Your credit profile (good, bad, or rebuilding)
- Lenders willing to roll negative equity into a new loan when appropriate
- Vehicle options that keep payments realistic
In many cases, we’re able to structure financing that:
- Reduces monthly stress
- Gets you into a more reliable or fuel-efficient vehicle
- Puts you on a better long-term financial path
Every situation is different — but many of our customers are surprised by what’s actually possible.
Why Work With Big Joe Auto?
✔ Experience with post-COVID market conditions
✔ Relationships with multiple lenders — not just one
✔ No pressure, no judgment, no “one-shot” approvals
✔ Transparent explanations of your real options
We believe information + advocacy = better outcomes.
You Don’t Have to Figure This Out Alone
Trying to trade or buy while upside down can be frustrating — especially when other dealerships say “no” without explaining why.
Let us take a look.
There’s no obligation, and the process starts with a simple conversation.
Get Your Options Reviewed Today
- Tell us about your current vehicle
- See what financing solutions may be available
- Find out if trading makes sense right now
Even if you’ve been turned down before, it’s worth a second look.