Track your vehicle's live auction in real time. See every bid as it comes in — no waiting, no guessing.
Your EVL confirmation code was emailed to you when you submitted your trade-in. You can also use your 17-digit VIN.
Enter $0 if your vehicle is fully paid off. Your exact equity is confirmed at closing.
This is YOUR money — you decide how to use it. Here are your three options:
✅ Best if you have a down payment already or want to keep the cash separate. Your new vehicle purchase is financed independently.
✅ Best of both worlds — reduce your monthly payment AND walk away with cash.
✅ Best if you want the lowest possible monthly payment on your new vehicle. Every dollar reduces what you finance.
Book value = KBB or NADA lending value. Your EVL advisor can provide this. Most lenders cap at 125-130% of book.
The negative equity is rolled into your new vehicle loan. No cash out of pocket today. Monthly payment increases slightly based on the gap amount.
Your auction is still live. Additional bids may close or eliminate the gap before the auction ends. EVL will notify you immediately if a higher bid comes in.
You're right to wonder about this — selling outright on the open market can net 15–25% more than a quick trade-in. That's real. But think through what actually closing that gap yourself takes: pricing it correctly, fielding calls and texts from strangers, scheduling test drives, handling the paperwork so the title transfers cleanly, any reconditioning to make it presentable, and carrying the risk if something goes wrong mid-sale — fake cashier's checks, no-show buyers, scams. That's real time, real cost, and real exposure.
Or — you follow a few steps, and EVL handles the rest. Same upside. None of the hassle.
Pick any tier — this is guidance based on your situation, not a requirement.
Your EVL advisor will walk through the best path for your exact situation. Contact EVL now →
These are estimates only. Your EVL advisor will confirm exact figures at closing. You are under no obligation until you sign.
Estimates based on typical dealer rate markup of 2%. Actual rates vary by credit profile and lender. EVL works with multiple lenders to find your best rate.