@spittinbarssellincars: Explanation here: When you’re wanting to roll over large amounts of negative equity, the main thing to keep in mind is LTV. LTV is loan-to-value, and it’s a percentage of the amount financed vs the vehicles book value. If you want to finance $20k on top of a $30k vehicle, the bank won’t approve 170% of a vehicles value to loan out. But adding $20k to a $100k vehicle? Now we’re in business…with a very high payment 😂 #carsales #behindthescenes #carshopping #carsalesman