Can you refinance an upside-down car loan?
Negative equity can make refinancing harder, but the details matter.
What upside down means
You owe more than the vehicle's current value, creating a loan-to-value ratio above 100%.
Why providers care
The vehicle secures the loan. A larger gap between balance and value increases risk and may exceed provider limits.
Possible next steps
Request an accurate payoff, estimate vehicle value conservatively, ask about provider limits, and consider whether principal reduction is affordable.