EQUITY CALCULATOR

How much equity is left in your car?

Subtract a dated lender payout and selling costs from a realistic vehicle value before you refinance, sell, trade or upgrade.

Enter current figures

For a useful result, use a realistic sale or trade value and a dated lender payout—not the original loan amount.

Expected vehicle valueUse the amount you realistically expect to receive, not an advertised asking price.$Current lender payoutRequest the amount required to close the loan on the expected settlement date.$Selling or transaction costsOptional: inspections, repairs, selling costs or other amounts paid from proceeds.$

Calculation

Vehicle value − lender payout − transaction costs = indicative equity

Indicative equity position

$8,000

Estimated positive equity

The entered value exceeds payout and costs. Confirm both figures before treating the difference as available for a deposit or upgrade.

Explore your next vehicle Plan the sale process

This is not a valuation, payout quote or settlement statement. Values, payout interest, fees and transaction costs can change.

Use the right two numbers

The outstanding balance displayed in a banking app may not equal the amount required to close the loan. Request a formal payout figure dated for the expected settlement. Likewise, use an expected transaction value rather than a dealer asking price.

What the result means

Positive equity may be available toward another vehicle after settlement. Negative equity is a shortfall: it generally needs to be paid or addressed through an acceptable structure before clear title can pass.

Indicative only · Reviewed 2 August 2026 · Plan the sale process