NEGATIVE EQUITY PRIVILEGE

NEGATIVE EQUITY PRIVILEGE

Should your vehicle be declared a total loss from collision, fire or theft, your insurer may only pay the fair market value of your vehicle. This puts you at risk for negative equity.

If you find yourself in this situation, we’re here to assist you.

With Negative Equity Privilege, we’ll bridge the difference between your vehicle value and your remaining loan balance with an in-store loyalty credit towards a replacement vehicle.*

FOR EXAMPLE:^ǂ

Outstanding loan balance	$63,000
Vehicle value	$56,000
*In-store loyalty credit	$7,000

Negative Equity Privilege is available on all makes and models within six model years and must be purchased within seven days of the purchase date of your vehicle.