What's the fastest or easiest way to get rid of negative equity on a car loan for a Nissan Rogue?

I have a significant amount of negative equity on my Nissan Rogue. How can I get rid of it—or at least break even?

Answer
If you want to get rid of negative equity on the car loan for your Nissan Rogue, you have a variety of options. It takes a little extra planning and effort now, but you’ll thank yourself in the long run. You can:
  • Pay a lump sum once every quarter
  • Make principal-only payments
  • Double up your payments each month
  • Round your payments up to the nearest $50 or $100
Try one or more of these strategies to speed up the process of paying off your debt. Once you break even or gain positive equity (owing less than the value of your car), you have the option to refinance your car and enjoy lower rates.
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Eric Schad
Answered on Oct 20, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
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