How do I calculate my car’s equity?

I want to know what a fair, reasonable number is for my Chevrolet Equinox.

Answer provided by
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Eric Schad
Answered on Apr 07, 2021
“To calculate the equity on your car, all you have to do is subtract the amount owed on the vehicle from the value of the vehicle. To get the value of your vehicle, you can use a free online appraisal tool such as the ones offered by Kelley Blue Book, Edmunds, or Autotrader. “
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