Car Loan Shortfall Calculator
Enter your loan payout and what the car will actually sell for. You'll see whether you're short or have equity, and what a shortfall really costs if it's rolled into your next loan.
From your lender's payout letter, not your app balance.
A real offer, not an asking price.
What do I do if I'm short?
You can still sell. The lender has to be paid in full at the sale, so you cover the difference then and the car transfers normally. About a third of the sellers we buy from are in this spot.
Your options are covering the gap, rolling it into your next loan, or keeping the car until the gap closes. Only covering it ends it. Rolling it over is the most expensive, and the calculator shows why.
More on this: Selling a car when you owe more than it's worth.
Want to know what your car is worth?
Tell us the year, make, model and kilometres and we'll give you a free offer. It takes about a minute, and there's no obligation.
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