Question: What does it mean in auto leasing and auto financing when you are said to be upside down? a . You owe more on the

What does it mean in auto leasing and auto financing when you are said to be upside down?
a. You owe more on the car than its depreciated value.
b. You wrecked the car and can't pay the debt.
c. None of these
d. You don't qualify for the lease or financing.
What does it mean in auto leasing and auto financing when

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