r/askcarsales 1d ago

US Sale Total Loss Neg Equity

Hello. Kinda in a situation. I got into a car accident and totaled my car. My gap coverage expired and now I have a $7000 balance I’m stuck with. Can I roll the negative equity into a new car loan without having a trade in due to the total loss?

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u/_Trikku Ex-Sales 1d ago

7000$ balance on an extended loan, lapsed gap, totaled car?

Have you considered a bus pass?