# Rolled negative equity from leased truck to sedan

**URL:** <https://forum.leasehackr.com/t/rolled-negative-equity-from-leased-truck-to-sedan/582612>\
**Category:** Buy/Finance\
**Tags:** mn, kia\
**Created:** [August 1, 2024, 3:53am UTC](https://forum.leasehackr.com/t/rolled-negative-equity-from-leased-truck-to-sedan/582612 "2024-08-01T03:53:29Z")\
**Posts on this page:** 4\
**Page:** 3

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**Author:** ![paranoidgarliclover](https://leasehackr.b-cdn.net/letter_avatar/paranoidgarliclover/32/5_5575768a8748004e209b776fc1b2916d.png) [@paranoidgarliclover](https://forum.leasehackr.com/u/paranoidgarliclover)\
**Post date:** [August 2, 2024, 10:42pm UTC](https://forum.leasehackr.com/t/rolled-negative-equity-from-leased-truck-to-sedan/582612/41 "2024-08-02T22:42:47Z")

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Since I am considering a Kia for my next car (which I wouldn’t get until next yr), I was looking at info about the Kia/Hyundai engines failures (which apparently are no longer in production and were horrific).

Your car doesn’t use one of the engines known for failing ([https://www.hyundainews.com/en-us/releases/3657](https://www.hyundainews.com/en-us/releases/3657)), but, when you look at reddit, there are lots of post about how difficult it was to get Hyundai/Kia to admit fault. Are those posts representative? I have no idea. All I know is that dealing w/ VW for my current car is really, really different from how it was dealing w/ MB for service issues… (although I found a dealer service station that seems decent w/i the past yr or so; but it’s quite far away).

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**Author:** ![BMES305](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/bmes305/32/265591_2.png) [@BMES305](https://forum.leasehackr.com/u/BMES305)\
**Post date:** [August 3, 2024, 12:18am UTC](https://forum.leasehackr.com/t/rolled-negative-equity-from-leased-truck-to-sedan/582612/42 "2024-08-03T00:18:04Z")

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Not wrong at all but as I said you live and learn and hopefully you can get in a better position in the future. It’s all relative to your financial situation. Good luck !

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**Author:** ![mcd1427](https://leasehackr.b-cdn.net/letter_avatar/mcd1427/32/5_5575768a8748004e209b776fc1b2916d.png) [@mcd1427](https://forum.leasehackr.com/u/mcd1427)\
**Post date:** [September 5, 2024, 6:29am UTC](https://forum.leasehackr.com/t/rolled-negative-equity-from-leased-truck-to-sedan/582612/44 "2024-09-05T06:29:18Z")

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That’s not how math works with interest unfortunately, you pay more interest and less principal in the beginning…

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**Author:** ![mcd1427](https://leasehackr.b-cdn.net/letter_avatar/mcd1427/32/5_5575768a8748004e209b776fc1b2916d.png) [@mcd1427](https://forum.leasehackr.com/u/mcd1427)\
**Post date:** [September 5, 2024, 6:30am UTC](https://forum.leasehackr.com/t/rolled-negative-equity-from-leased-truck-to-sedan/582612/45 "2024-09-05T06:30:58Z")

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Be careful on the refinance plan, credit unions are strict on mileage caps and your loan to value may be really skewed due to the high mileage

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