- Rising car prices and longer loan terms have pushed more drivers into negative equity, increasing costs when trading in and raising the risk of owing more than a vehicle’s worth.
- Tampa Bay 28 Reporter Susan El Khoury advises making a larger down payment, choosing a shorter loan term when possible, checking your credit score before trading and exploring refinancing or keeping an underwater car until equity improves.
Share Your Story with Susan
Consumer Investigator Susan El Khoury is here to advocate for you. From crimes targeting consumers to tips and tricks to help you save money, Susan works to help solve the day-to-day issues. Reach out to Susan with any problems you need help solving.
Share your story or tip with Susan El Khoury
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Concrete company responds after multiple drivers say repaving project damaged their cars
Weeks after drivers started reaching out to Tampa Bay 28 about damage to their vehicles, we’re finally hearing from the contractor behind the Tyrone Boulevard repaving project.
Concrete company responds after multiple drivers say repaving project damaged their cars
