How do I know if I have equity in my vehicle?
88630
Equity is the difference between the amount of money you owe on something and the value of it. So you have to find out how much you owe on your vehicle and the value of it.\nThis site can help you to find out the value of your car. http://www.kbb.com/\n\nSince cars usually depreciate, or go down in value. It is unlikely that you have an equity in your car unless you made a large downpayment, or are close or finished paying it off.
156829
It depends on the equity later on down the road. Does the \n\nproperty hold value? Is this the only place you have \n\nlooked? It is your investment which you would need to think \n\nabout- it not just a yes or no answer.
901893
Dear Danicassa:\n\nI am not sure what you speak of. . .?\n\nEquity is not a price.  Equity in investing is the build up of your asset beyond the price YOU paid for it - or the loss you have incurred and therefore, lack of equity.\n\nFor instance, if you buy a home or property or make an investment for $100,000 and sell the property or home or investment for $200,000 you made $100,000 ABOVE what you paid or invested into it.  You got your money, originally invested, back. . .PLUS you got $100,000 MORE.  That is the asset growth, or Equity build up you have received.\n\nIf the home, property, or other investment goes down below the money you paid for it, there is no Equity at all.  You have a loss on your money.\n\nIn making an investment on property or home or apartment buildings, etc., the price you are asked to pay should be the "Fair Market" price.  This is found in COMPS and should be shown to you by the person/people you are investing through, or your Realtor.  Carefully choose your Realtor !  It is calculated by the median or average price of a like-property or home or building , within a radius of several miles.  What the average price of a like property has already sold for and is documented in COMPS.  It shows what similar properties have been able to receive for it and that is the "rule" that is applied.  YOUR investment should not be higher than what has been FAIR in that location.  However, you might get a bargain!  Again, it is called the Fair Market Value.\n\nWithin a fair market value price, the actual Equity build up for the person who sold the investment to YOU is unknown.  It sometimes can be provided by a Seller or a realtor IF you ask to know what they made on the sale to YOU.  But, they do not have to give this information.  The COMPS shows you what is legitimate in that area for that type of investment.  Also, Property Tax rolls show the value appraised by the City and what was paid for a property, I think.  You could possibly look back into the rolls and see what the present owner has been assesed at. (MAYBE see what price they paid.  Not certain.)  These rolls are available to the public.\n\nIn a General Partnership where you invest for a SHARE of a building or complex, you evaluate against COMPS whether the Partnership is being asked to pay more or less for that area with similar properties.  The Fair Market Value.  You would need the number of investors in the Partnership to divide into the overall price and see that portion you are expected to pay.  When you sell your share, you can calculate your portion of the Equity that will be ESTIMATED by the General Partnership for that neighborhood and similar properties within it.  A Realtor is best used for that.\n\nThe expectation on what the property may gain in Equity over a period of time - like 5 years - and what you could expect to receive on your share is calculated by the factors of :\n\n1.   Growth of Income (this includes if the property has a history of being fully rented out ; or a calculation of vacancies and the amount of time of vacancy on your units per year. (Revenue loss has to be included  - due to vacancy.) \n\n2.  Also, maintenance expenses, etc., including all expenses of upkeep through property management fees; gardening fees;  Utility fees; and property taxes per year to be paid. Also Miscellaneous expenses like re-black topping the driveway or parking area.  Window washing, painting, re-landscaping. \n\n3.   Also, the age of the building and what the age of the surrounding neighborhood is.  As buildings get older - they are less in demand.  Aging neighborhoods, receive less Equity build up - prices get held down by age - unless you invest in a prestigious neighborhood.  Included is the amortization of the equipment in a building or complex.  The Pool equipment, i.e., filter, pump, age of the pool and surrounding patio. (Concrete or brick work) ;  air conditioning unit, etc..  All these items must be listed for a p
588535
You MUST see an attorney who practices in YOUR state to find out if you are the owners or not.\n\nAnswers from another state may not be right.
968904
Check the owners manual.
208907
You should contact whoever has your loan and work it out. Maybe they'll let you pay it in installments so you can catch up.  Don't ignore it or it may go into collection and your car might get repossesed.
759316
Check with an attorney in your state.
597426
Their dti, debt to income ratio.  if it is for real estate, ltv, loan to reail value, which determines the equity in the property and will let you know how much can be borrowed.  Basics, name, ssn, mothers maiden name, lengh of employment, lenght of residence, any other lending they have.
416418
Its up to your dealer. If you bought a new car its now a used one and you will not recover your money.
221188
you need to be in the car section.  This is the trivia section.  I'd look at the owner's manual or call the dealership.
646823
it is assets MINUS liabilities equal equity\n\nassets = liabilities + equity\n\nevery debt(s) must have matching credit(s)
1115562
It depends on what city or county the vehicle is registered in. You'd need to call that city/county's sheriff's department and check on repo ordinances. They're usually very helpful. Good luck!
229102
It is best to take it to the dealer you bought it from. Have them show you how.
221968
You need to know how they were driven.  City or Hwy miles.  Hwy miles are easier.  Also whether it was a little old lady or a first driver.  Ask if the owner has maintenance records.  That will show if they take good care of their vehicles.  Low miles doesn't necessarily mean that is hasn't been dogged the crap out of.
654497
Generally, if there is negative equity, reports will give N/A (not applicable).  The same goes for PE ratios when earnings are negataive.
100301
First go to Kelly's Blue Book on line and look at the value of the vehicle.\nSecond, find out what type of damage was done to the vehicle and make sure that there is no damage to the frame.\nThat is a good place to start.
366776
Sometimes there is different date written on the lease that says when you specifically took ownership but usually its when signed. Check the lease or ask. There should be a specific date.