My Car is Worth Less Than I Owe! (The 2026 Exit Guide)

Описание: VIDEO SUMMARY
Being "underwater" or "upside down" on a car loan is a math problem, not a character flaw. In 2026, with high car prices and long loan terms, negative equity is more common than ever. But you don't have to stay trapped in a cycle of bad car debt.

In today’s video, I’m walking you through exactly how to get out from under an underwater car loan step-by-step. We’ll discuss the "Break Even Point," how to find your "Gap" number, and the three specific paths you can take to get back to financial freedom.

What you’ll learn in this video:
● The "Instant Win": How to get a refund on your sales contract add-ons.
● Why you should NEVER roll negative equity into a new loan.
● 3 Exit Paths: Keeping the car vs. Selling vs. Refinancing.
● The "Bi-Weekly Hack" to pay down your principal faster.
● A "Partnership Check" for families managing this debt together.


VIDEO TIMESTAMPS

00:00 You aren't bad with money (The truth about depreciation)
02:06 Understanding the Car Value vs. Car Loan Chart
05:27 How Households End Up Underwater
07:04 Step 1: Don't Make it Worse (What NOT to do)
07:51 Step 2: Know Your Numbers (Payoff Amt, Real World Value)
09:56 Step 3: Choose Your Exit Path
10:40 – The "Instant Win" Refund Hack
11:49 Option 1: Keep the Car and Pay It Off
13:10 Option 2: Sell the Car and Cover the Gap
15:24 Option 3: Refinance Your Car Loan
16:52 Do Not Roll Negative Equity Into a New Car
17:28 Partnership Check for Families
18:01 Final Takeaway

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VIDEO RESOURCES
1. https://www.consumerreports.org/cars/...
2. https://www.carbuyingtips.com/article...
3. https://mytresl.com/blog/what-is-gap-...
4. https://www.smartmoneytoolbox.com/new...
5. https://www.edmunds.com/car-news/edmu...
6. https://www.edmunds.com/car-news/edmu...
7.   / underwater_what_are_my_options  
8. https://www.thecuriosityvine.com/post...
9. https://thebalancedspreadsheet.wordpr...
10.https://www.edmunds.com/car-news/edmu...

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#NegativeEquity #UnderwaterCarLoan #SistersForFI #PersonalFinance #CarDebt #MoneyTips2026 #financialfreedom
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WHO AM I?
👋Hello! I'm Catherine Agopcan. After over a decade in IT and AdTech, I took time off to care for my lively and amazing daughter. I'm now a certified financial educator, children's author, and advocate for family financial literacy. I make practical, actionable content on personal finance, investing, sustainability, and technology.

I am the founder of Sisters For Financial Independence (Sisters For FI) - an all-encompassing platform to help women of all ages take charge of their money with confidence, clarity, and intention.

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