Calculate My Situation
Opens the Carvest comparison. Nothing is calculated on this page.
What negative equity means
What Carvest models
- Your payoff against the current vehicle's estimated trade value.
- The shortfall carried into the replacement's financing if you switch.
- The higher amount financed, and the payments that follow over 36 months.
- The replacement's projected equity at the end — reduced by the gap you carried in.
- The keep path for comparison: continuing payments until the gap closes on its own.
Have your payoff ready
Use your lender's payoff amount, not the sum of remaining payments — the payoff is usually lower because it excludes future interest. Carvest is not a lender; confirm figures with yours.
Run it with your own numbers
The comparison takes a few minutes. You enter your current car, the one you're considering and your loan details; Carvest does the 36-month math.
Calculate My SituationCarvest provides estimates and decision-support information. Actual vehicle values, financing, insurance, repair costs and ownership expenses can vary.