It all depends on the specific car dealer you visit and their respective equity position in their vehicles.
If your credit isn't great, I would recommend a used-car dealer as they will most likely have some vehicles with decent “equity-to-cost” spread.
This basically means they can:
- Sell you a car
- Roll some/most of your negative equity into the new vehicle
- Still make a small profit.
Here are some examples of sedans that dealers typically carry with positive equity:
- Nissan Altima
- Chevy Malibu
- Chevy Cruze
- Ford Fusion
- Hyundai Sonata
You will have a good chance of rolling negative equity into these vehicles.