Estimated LTV
Compare the loan balance with the value entered in the free screening to estimate loan-to-value.
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Upside-Down Auto Loan
Owe more on your car than it may be worth?
Negative equity can make refinancing or trading more complicated, but the first step is understanding the gap between your loan balance and the vehicle's estimated value. Auto Wise helps you organize that picture.
Check My Auto Loan FreeEquity gap
See whether the loan appears near, above or materially above the vehicle value you entered.
Loan structure
Review APR, payment and remaining term alongside the equity position instead of looking at negative equity by itself.
Negative equity does not automatically mean you have no options
Available choices depend on the size of the equity gap, credit profile, lender guidelines, vehicle details and the purpose of the refinance. The free check is a screening tool, not an approval.
Trading can move the problem instead of solving it
Rolling negative equity into another vehicle can increase the next amount financed. Understanding the current loan before changing vehicles can help you evaluate that tradeoff more clearly.
What the free Auto Wise check does
Enter your current balance, APR, payment, months remaining and vehicle information. Auto Wise screens the loan for payment pressure, rate concerns, term structure and estimated equity so you can decide whether a deeper review is worth considering. No SSN and no Auto Wise credit pull are required for the free check.
Auto Wise provides educational vehicle-finance analysis. Estimates are not loan offers, approvals, lender commitments, certified appraisals or guarantees of savings, rates or financing availability.