Almost 30% of recent new car buyers were underwater on loans for their trade-ins, according to new data released by Edmunds.com.
A growing share of car owners are underwater on their auto loans, reports the car-buying resource Edmunds. According to a second quarter report, 26.6% of trade-ins toward new-car purchases had ...
The average amount owed on car trade-ins with negative equity rose to $7,214 — an all-time high, according to new data from ...
More Americans are trading in underwater vehicles. That does not mean the vehicles are submerged. In a sense, the drivers are. More than one in four trade-ins had negative equity in the third quarter ...
More car buyers are finding themselves in a tough spot financially. According to a recent report from Edmunds, more than 26% of new-vehicle trade-ins in the second quarter of 2025 had negative equity ...
Last quarter, 28% of trade-ins toward new car purchases were underwater, meaning the vehicles were worth less than what was owed on them, according to Edmunds. That’s the highest share in four years.
The average amount owed on trade-ins with negative equity hit $7,214, and one-in-four trade-ins had over $10,000 in negative ...
Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for ...
S&P Global Mobility autos director Thomas Libby discusses the stress on car loans and how it might make it more difficult for customers to trade in their current vehicles.
A rising number of Americans are trading in vehicles worth less than what they owe, the latest sign of stress in the automotive industry. Just over 28% of trade-ins toward new-car purchases carried ...
Negative equity is when you owe more on a car than the car is worth, leaving you “upside down” or “underwater” on your loan. This continues to be a growing problem, as is the amount of negative equity ...