Question

4 multiple choice 1 point what does upside down mean in reference to car loans? it means a person owes less on a car than it is worth. it means a person owes more on a car than it is worth it means a car a person is trading in is worth less than the car they are buying. it means a car a person is trading in is worth more than the car she is buying. it means the interest rate on a car loan is very high.

Explanation:

In the context of car - loans, "upside - down" refers to a situation where the amount owed on a car loan exceeds the current market value of the car. This is often due to factors like high depreciation, low down - payments, or long - term loans.

Answer:

It means a person owes more on a car than it is worth.