upside down
adj.— «A growing number of motorists now find they owe more on their car loans than the vehicles are worth. The phenomenon, known as being “upside down” on a loan, reflects changes in the ways Americans buy and finance their vehicles.» —“More car buyers getting ‘upside down’ on car loans” Daytona Beach News-Journal (Florida) Apr. 16, 2005. (source: Double-Tongued Dictionary)
Further reading
Carmen in Jacksonville, Florida, was told she was pretty as a speck of puff. The more common simile is pretty as a speckled pup or cute as a speckled pup. This is part of a complete episode.
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